Hyperliquid’s native token HYPE posted a sharp rise in trading activity over the past 24 hours, with total volume increasing by more than 680% and the token’s price moving above $91. Data cited from CoinGlass showed HYPE trading at about $91.41 at the time of the report, up 15.22% over the same period. Derivatives activity accounted for most of the flow, with futures volume reaching $13.47 billion, while spot volume stood at roughly $1 billion. Exchange-level figures showed Binance recording $3.89 billion in daily volume, up 789.13%, and Hyperliquid’s native exchange posting $3.06 billion, up 738.72%. Open interest climbed to $4.02 billion, pointing to active participation in the derivatives market. The move put HYPE among the tokens drawing notable short-term attention in trading markets.
Hyperliquid’s native token HYPE saw trading volume surge by more than 680% over the past 24 hours, while its price moved above $91, according to a Techub News report.
CoinGlass data showed HYPE trading at about $91.41, up 15.22% over 24 hours. Futures volume reached $13.47 billion, while spot volume was about $1 billion.
By venue, Binance recorded $3.89 billion in daily volume, a 789.13% increase. Hyperliquid’s native exchange posted $3.06 billion, up 738.72%.
Open interest stood at $4.02 billion, indicating active participation in the derivatives market.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
