The hyperliquid price has been on a bullish trend on a daily timeframe. Currently, it is trading in a channel and a breakout is anticipated. Trading volume and funding rate have slightly increased, which showcases that traders are showing interest in this coin. Let’s see how the HYPE coin performs after the breakout.
Hyperliquid fundamentals
Hyperliquid is the leading on-chain perpetual exchange. It has about $172.6B in 30-day perp volume and over $9B in open interest. Growth has also come from HIP-3, a framework launched in October 2025 that lets outside teams run their own markets. Those teams keep 50% of the trading fees. Total open interest reached $14.3B in September, when HYPE hit an all-time high near $88.
Buyback program (Assistance fund)
HYPE’s main value driver is its buyback. Hyperliquid’s docs say HYPE held in the Assistance Fund is burned, permanently reducing circulating and total supply. Roughly 99% of trading fees go into this fund, and annual buyback capacity from fees is estimated near $771M. Cumulative purchases since the fund launched in January 2025 were reported above $2B by June 2026.
A second funding stream was added recently. Under AQAv2, about 90% of net yield on Hyperliquid’s USDC reserves goes to the fund, and the first payment of about $14.58M was pending on October 3, 2026.
Hyperliquid price overview
At press time, Hyperliquid was trading at $81.97 with an intraday loss of 1.7%. Its market capitalization was $19.632B, and the 24-hour trading volume was $1.206B. Its circulating supply is 239.407M HYPE, and the total supply is 951.538M HYPE.
Hyperliquid price technical analysis over 1-D timeframe
The hyperliquid price is trading around $85.442 on the daily chart, inside a two-month range between the $75.107 support and the $96-$98 resistance zone.
Bull case: The Hyperliquid price has defended $75.107 repeatedly since late August. The long lower wick on the latest candle shows buyers stepping in on dips. A daily close above $90 could push the Hyperliquid price toward the $95-$98 zone. A clean breakout there would end the range and open a path toward $110.
Source: HYPE/USDT price chart over 1-D timeframe by SunCrypto
Bear case: Sellers have rejected the purple zone three times, and recent highs are getting lower. If the Hyperliquid price slips below $82, a retest of $75.107 becomes likely. A daily close under that floor would break the range and expose $70, then $60.
Outlook: The Hyperliquid price stays neutral to mildly bullish while above $80. Wait for a confirmed breakout or breakdown before trading.
HYPE price prediction: Bulls face key test near $83
HYPE is trading at $83.148 on the 30-minute Binance Futures chart, down 1.02% in the latest candle after a sharp rejection from the $86 zone. The token has slid from the $89–90 area seen on November 1–2, a pullback of roughly 7–8%.
Source: HYPE/USDT price, funding rate and OI data by velo.xyz
Aggregated open interest sits at 30.176M coins, close to the 30M support level. OI peaked near 30.8M before the November 4 drop, showing leveraged traders are unwinding rather than exiting entirely.
Funding remains positive at 0.0058%, far below the 0.02%+ highs seen earlier. This cooling suggests speculative long pressure has eased, which reduces liquidation risk.
Outlook: Support lies at $82–83, where the price bounced on November 3. A hold could revive a move toward $86–88. A breakdown may open a retest of $80. Traders should watch whether OI stabilizes above 30M.
HYPE Price outlook: What the data says
Hyperliquid’s chart for 1 Oct to 4 Nov shows a market in recovery after a deep pullback. HYPE slid from roughly $90 in early October to a low near $75 by 26 Oct, then rebounded sharply to about $89 by 30 Oct.
The key signal is the volume spike on 30 Oct, which exceeded $11B, nearly three times a typical day. That kind of surge often marks capitulation or a strong accumulation event. Volume has since cooled to $2-3B, a healthy consolidation.
Source: HYPE price and volume data by CoinGlass
Price now sits near $85, holding above the $83-84 higher low from 2 Nov. That is a constructive structure.
Bullish case: A break above $89-90 resistance, backed by rising volume, could target $95.
Bearish case: Losing $83 may send the price back toward $78-80.
Traders should watch volume closely. Without fresh buying, the rally may stall.
Final thoughts
The hyperliquid price looks neutral to mildly bullish, but it hasn’t earned a breakout yet. Price is stuck in a two-month range, with $75 holding as support since late August and $96-$98 capping rallies. The sharp rebound from $75 to roughly $89 in late October, backed by a huge volume spike, was constructive, but the recent pullback from $89-90 to the low $80s shows sellers still defend that zone, and highs are getting lower. Cooling funding and open interest suggest leveraged longs are unwinding rather than panicking, which lowers liquidation risk.
The key levels are $82-83 on the downside and $90 on the upside. A daily close above $90, ideally with rising volume, opens $95-98, and only a clean break there makes $110 realistic. Losing $82 invites a retest of $75, and a close below that exposes $70 and $60. Until one side breaks, patience beats prediction, and $110 remains a distant target rather than an imminent one.
Can Hyperliquid price hit $110 soon?
It’s possible but not imminent. HYPE needs a daily close above $90, then a clean breakout above the $96-$98 resistance zone, before $110 becomes a realistic target.
What is the key support level for Hyperliquid price?
The major floor is $75.107, which has held since late August. Near-term support sits at $82-$83, and losing it could trigger a retest of $75.
What is the key resistance level for HYPE?
Immediate resistance is at $89-$90, followed by the $96-$98 zone, where sellers have rejected price three times.