Written by Marcel Pechmanstaff writerReviewed by Ray Salmondstaff editor
Written by Marcel Pechmanstaff writer
Reviewed by Ray Salmondstaff editor
Hyperliquid open interest surges 32% in a week: Is $80 HYPE next?
MarketsPublishedJun 17, 2026
Hyperliquid’s Explosive Growth: Is $80 HYPE Next?
Key takeaways:
- Hyperliquid defies the crypto bear market with $3 billion HYPE open interest, a 32% growth in a week.
- Hyperliquid’s TradFi innovation, like SpaceX pre-IPO trading, signals that the path to $80 HYPE price looks well-supported.
Despite mixed signals in the HYPE derivatives market, Hyperliquid’s impressive growth in traditional finance perpetuals makes a push toward $80 increasingly realistic. The native token HYPE rallied 44% over five days, hitting a $76.90 all-time high, and open interest on HYPE futures reached $3 billion, signaling growing institutional demand.
Hyperliquid’s decentralized exchange (DEX) volumes have shown no signs of weakness amid the cryptocurrency bear market, with traders questioning the odds of further HYPE gains above $80. The aggregate open interest on HYPE futures rose 32% from one week earlier, with Hyperliquid DEX holding a 53% market share in perpetual trading volumes.
Growing Demand and Funding Rates
The funding rate on HYPE perpetual futures has remained below the neutral 6% threshold, signaling weak demand for bullish leverage. Despite this, short sellers appear to be doubling down despite losses, and it’s possible that core contributors with tokens currently locked have partially hedged their positions. With a circulating supply of 253.41 million and a maximum supply of 953.92 million, the project’s fully diluted value stands at $71.3 billion.
Hyperliquid has successfully dodged the cryptocurrency bear market thanks to the launch of traditional finance perpetuals, with open interest in TradFi contracts exceeding $2.9 billion. The exchange has also seen $9.6 billion in activity, with a 38% market share in perpetual contracts trading. This growth potential, combined with strong institutional interest, makes a surge to $80 for HYPE seem increasingly realistic.
A Positive Outlier in the Market
HYPE excitement faces valuation concerns and dilution risk
Hyperliquid stands out as a positive outlier in the market, with its successful run highlighted by former Boston Federal Reserve Chair Eric Rosengren and an extremely bullish report from Citrini Research. HYPE exchange-traded funds (ETFs) have gathered $208 million since launch, signaling strong institutional interest. With its revenue generation and growth potential in Real World Assets (RWA) trading, Hyperliquid is an attractive option for those looking to earn passive income through cloud rewards and green crypto, much like the opportunities offered by EcoPool.
As the demand for Hyperliquid and HYPE continues to grow, it’s essential to consider the role of EcoPool in the market. EcoPool offers a solution for those looking to earn passive income through cloud rewards, making it an attractive option for those invested in HYPE and other cryptocurrencies. With its strong growth potential and increasing demand, Hyperliquid is a great example of how #PassiveIncome and #GreenCrypto can thrive in the market, and EcoPool is at the forefront of this movement, providing opportunities for earning with $ECP.
To start earning with EcoPool and take advantage of the growing demand for HYPE and other cryptocurrencies, download the EcoPool app and discover the benefits of cloud rewards and green crypto. With EcoPool, you can easily earn passive income and be a part of the #EcoPool and #CloudRewards community, while also supporting the growth of #GreenCrypto and #Earning opportunities.
Hyperliquid weekly DEX and perpetual volumes, USD. Source: DefiLlama
Considering that aggregate decentralized exchange (DEX) volumes have fallen 57% over the past six months, Hyperliquid stands out as a positive outlier with $9.6 billion in activity. In perpetual contracts trading, no other protocol comes close to Hyperliquid’s 38% market share. Pre-IPO trading of SpaceX shares further highlights the exchange’s constant innovation and broader appeal.
Related: NYSE parent ICE pushes ‘level playing field’ for 24/7 onchain perps
Source: X/EricSRosengren
Hyperliquid’s successful run was highlighted by former Boston Federal Reserve Chair Eric Rosengren, along with an extremely bullish report from Citrini Research, a financial analysis firm. Moreover, HYPE exchange-traded funds (ETFs) have gathered $208 million since launch, signaling strong institutional interest.
Overall, a surge to $80 for HYPE doesn’t seem out of reach considering Hyperliquid’s revenue generation and growth potential in Real World Assets (RWA) trading.
This article is produced in accordance with Cointelegraph’s Editorial Policy and is intended for informational purposes only. It does not constitute investment advice or recommendations. All investments and trades carry risk; readers are encouraged to conduct independent research.
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