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HYPE Perpetual on HyperliquidSpotPerp

Perpetual marketsnapshot · 2026-09-06 20:15 UTC
Trade HYPE Perpetual on Hyperliquid

HYPE Perpetual on Hyperliquid — price $87.189 (+1.95% 24h), funding +0.0013%/1h, open interest $2.08B, 24h volume $406.2M. Annualized funding +11.0%. Source: Hyperliquid official · as of 2026-09-06 20:15 UTC

Price
$87.189
+1.95% 24h
Funding (1h)
+0.0013%
+11.0% annualized
Open Interest
$2.08B
24h Volume
$406.2M
Positioning & range
Positioning
Funding gauge (position proxy)
Shorts payNeutralLongs pay
Whale skew (top-20 whale positioning bias — not whole market)
0% Long
100%
Price range
All-time high
$88.199
2026-09-03
All-time low
$9.306
2025-04-07
52W high
$88.199
2026-09-03
52W low
$20.463
2026-01-21
History
History trajectoryDec 24Oct 25Sep 26

Daily closes spanning the full history since listing. Switch to 1M for finer hourly-snapshot detail (our moat, collected since 2026-06-14).

Export / download
Date range
Granularity
⬇ CSV⬇ JSON/api/hl/markets/hype-perp/history?format=csv&from=2026-06-14&to=2026-09-06&granularity=daily

Daily/weekly/monthly rollups from D1. File header carries the attribution line.

Historical data is free to cite and reuse with attribution — link this page or hyperacademy.io.

Cross-exchange · Predicted funding

Predicted funding (Binance/Bybit normalized to a 1h basis). Informational only — not investment advice.

About this market

Trading HYPE on Hyperliquid means trading the exchange's own token on its own order book — a reflexive setup that doesn't really have a direct parallel among the other markets listed here. HYPE captures value from Hyperliquid's protocol activity and is central to the platform's fee and buyback mechanics, so its price action tends to be closely tied to the exchange's own volume, open interest, and broader adoption trends rather than following the wider altcoin market in lockstep. Leverage caps out at a moderate tier relative to BTC and ETH, which fits a token that is more liquid than most single-project altcoins but still meaningfully more volatile than the two majors. Funding on HYPE-USD can run hotter than BTC or ETH during periods when the community narrative around Hyperliquid itself is especially active — new feature launches, HIP proposals, or ecosystem milestones are the kind of events that tend to move it. Because it's the platform's native asset, HYPE also tends to attract a disproportionate share of retail attention relative to its market size.

What is the max leverage on HYPE perpetuals?

HYPE-USD supports up to 10x leverage on Hyperliquid.

Why does HYPE's price matter to Hyperliquid itself?

HYPE is Hyperliquid's native token and is tied into the protocol's fee and value-accrual mechanics, so its market performance is often read as a proxy for the exchange's own growth — though it still trades as a separate, volatile asset with its own risk.

Is HYPE more volatile than BTC or ETH on Hyperliquid?

Generally yes — as a single-project token with a smaller market than BTC or ETH, HYPE tends to see larger percentage swings, which is part of why its leverage cap sits lower than the two majors.

What is the HYPE Perpetual funding rate on Hyperliquid?

As of the latest snapshot, HYPE Perpetual funding is +0.0013%/1h (≈ +11.0% annualized). Hyperliquid settles funding every hour. As of 2026-09-06 20:15 UTC.

What are HYPE Perpetual's 24h volume and open interest?

HYPE Perpetual currently has $406.2M in 24h volume and $2.08B in open interest. As of 2026-09-06 20:15 UTC.

What is HYPE Perpetual's all-time high on Hyperliquid?

HYPE Perpetual's all-time high is $88.199 on 2026-09-03; the all-time low is $9.306 on 2025-04-07. The 52-week range is $20.463–$88.199. As of 2026-09-06 20:15 UTC.

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