FeesSafety
Pluang+

Hyperliquid's HYPE token falls 6.7% despite record Q3 open interest and revenue amid broader crypto market weakness

Protocol Fundamentals
14 Nov 2026, 15:23 WIB
CryptoTicker
View Source
Neutral
Hyperliquid's HYPE token falls 6.7% despite record Q3 open interest and revenue amid broader crypto market weakness

Hyperliquid's HYPE token dropped 6.7% to $68.59, falling below its 200-day moving average despite reporting a record Q3 with open interest rising 79.9% to $16.7 billion and protocol revenue up 21.7% to $190.9 million. The price decline is mainly due to overall crypto market weakness, including a 3% drop in Bitcoin and extreme fear sentiment, rather than any platform-specific issues. The report highlights strong growth in open interest and buybacks funded by trading fees, but also notes a 30.5% year-on-year drop in trading volume and $953 million net outflows via the platform's bridge. Going forward, key price support levels around $68.68 to $69.56 will be critical, with Bitcoin's performance expected to largely influence HYPE's price direction.

HYPE is trading at Rp1.238.041 on Pluang, down 8.96% over the past day, with a market cap of Rp315.95 trillion and 24-hour volume of Rp18.6 trillion. Buyers currently dominate order activity at 67%, and typical hold time is 38 days. These figures reflect active trading despite recent price weakness. Data is as of Nov 14, 2026 20:31 WIB.

More News (HYPE)

HYPE token rises 3.5% in 4 hours but remains down 2.2% over 24 hours

HYPE token rises 3.5% in 4 hours but remains down 2.2% over 24 hours

The HYPE/USDT token on Binance increased by 3.5% over a four-hour period to $69.78 but was still 2.2% lower than its value 24 hours earlier. During this time, short liquidations on Binance, Bybit, and OKX totaled $10,000, indicating forced closures o...

Market News
Bullish
10 hours ago
Hyperliquid (HYPE) price rises 2.14% in one hour on Binance despite 24-hour dip

Hyperliquid (HYPE) price rises 2.14% in one hour on Binance despite 24-hour dip

Hyperliquid (HYPE) saw its price increase by 2.14% in the hour ending at 12:02 a.m. ET on November 14, reaching $68.86 on Binance’s HYPE/USDT spot market. This short-term gain contrasts with a 1.91% decline over the previous 24 hours. During the same...

Market News
Bullish
13 hours ago
Hyperliquid (HYPE) drops 4.39% in 4 hours amid $860K long liquidations on major exchanges

Hyperliquid (HYPE) drops 4.39% in 4 hours amid $860K long liquidations on major exchanges

Hyperliquid (HYPE) fell 4.39% to $68.44 over four hours and 5.01% over 24 hours, based on Binance spot prices. During the same period, $860,000 in long positions were liquidated across Binance, Bybit, and OKX, with no short liquidations reported. HYP...

Market News
Bearish
15 hours ago
Hyperliquid (HYPE) drops 2.01% in one hour amid $840K long liquidations on major crypto exchanges

Hyperliquid (HYPE) drops 2.01% in one hour amid $840K long liquidations on major crypto exchanges

Hyperliquid (HYPE) fell 2.01% in the hour ending 9:42 p.m. ET on Nov. 13, reaching $70.21 on Binance's spot market, with a 24-hour decline of 2.90%. The drop coincided with $840,000 in long liquidations across Binance, Bybit, and OKX, while no short ...

Market News
Bearish
15 hours ago
Hyperliquid's HYPE token rises 5% amid crypto market slump due to buyback and burn mechanism.

Hyperliquid's HYPE token rises 5% amid crypto market slump due to buyback and burn mechanism.

Despite a broad crypto market decline with Bitcoin falling below $70,000, Hyperliquid's HYPE token gained around 5% in 24 hours. This relative strength is driven by Hyperliquid's unique buyback and burn program, which uses trading fees to continuousl...

Protocol Fundamentals
Bullish
1 day ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App