Hyperliquid’s HYPE Hits Record $94.49, Gains 4.5% in 24 Hours
Summary
- HYPE climbed to as high as $94.49, setting a new all-time high, and is now trading around $92.3.
- Hyperliquid’s open interest (OI) rose to a record $16.36 billion.
- HYPE’s market capitalization increased to $20.52 billion, ranking it eighth by market value excluding stablecoins.
Forecast Trend Report by Period
Hyperliquid’s native token HYPE extended its rally to a fresh record high, while open interest on the platform also climbed to an all-time peak.
Crypto media outlet BlockBeats reported on Sept. 19 that HYPE rose as high as $94.49 intraday after topping $90 a day earlier. The token was up 4.5% over the past 24 hours and was trading around $92.3.
On the same day, Hyperliquid’s open interest reached a record $16.36 billion. The previous peak was set on Sept. 18, 2025.
Hyperliquid has been expanding beyond crypto perpetual futures into products tied to stocks, commodities, indexes, private companies and prediction markets. Cumulative trading volume in HIP-3-based markets, which the platform introduced last year, surpassed $548 billion as of earlier this month.
HYPE’s market capitalization rose to $20.52 billion, ranking it eighth among cryptocurrencies excluding stablecoins.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.