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HYPE token jumps 194% in 2026 amid growing U.S. perpetual futures market and new regulated platforms.

Market News
22 Jun 2026
Blockonomi
View Source
Neutral
pluang ai news

The HYPE token has surged 194% year-to-date in 2026, nearing its all-time high of $77, driven by Hyperliquid's role as a leading decentralized perpetual futures platform. The U.S. market for perpetual futures is evolving with Kalshi becoming the first CFTC-regulated platform offering these contracts, generating $1 billion in weekly volume. Major exchanges like Coinbase and Robinhood plan to enter this space, posing competition to Hyperliquid, which currently lacks U.S. regulatory approval. The shift toward regulated U.S. platforms may impact HYPE's market share unless Hyperliquid obtains CFTC approval and adapts its offerings.

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