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HYPE token hits $88 as Hyperliquid's open interest nears $14.3B, fueled by Coinbase integration and strong buybacks.

Protocol Fundamentals
09 Sep 2026
Blockonomi
View Source
Bullish
HYPE token hits $88 as Hyperliquid's open interest nears $14.3B, fueled by Coinbase integration and strong buybacks.

The Hyperliquid native token HYPE surged to a new all-time high of $88, marking over a 50% gain in September 2026. Open interest on the Hyperliquid platform reached $14.3 billion, close to pre-2025 crash levels, driven by a shift to core perpetual markets that fund HYPE buybacks. Key factors include Coinbase routing Base App users to Hyperliquid and regulatory progress with the CFTC. Despite a large $820 million token unlock in early September, HYPE maintained upward momentum, supported by strong technical indicators and bullish institutional positions. A break above $90 could push prices toward $95 and $100 next.

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Hyperliquid's open interest hits $14.3B as HYPE token reaches all-time high amid strong market momentum

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Hyperliquid, a decentralized perpetual futures exchange, has reached a milestone with its open interest climbing to $14.3 billion. At the same time, its native token HYPE hit an all-time high, reflecting strong market activity and investor interest. ...

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Hyperliquid's HYPE token hits record $89.67 amid strong ETF and institutional demand.

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