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Hyperliquid tops $1.4B revenue, spends $1.26B on HYPE buybacks, boosting price outlook for 2026

Protocol Fundamentals
10 Oct 2026
Crypto Briefing
View Source
Bullish
Hyperliquid tops $1.4B revenue, spends $1.26B on HYPE buybacks, boosting price outlook for 2026

Hyperliquid, a decentralized derivatives protocol, has generated over $1.4 billion in cumulative revenue, with $1.26 billion used to buy back its native token, HYPE. This strong buyback activity supports HYPE's market price and reflects robust demand linked to the protocol's fee generation. Market sentiment is optimistic, with a 55.5% chance that HYPE could reach $100 by the end of 2026. Investors should watch for new partnerships, technological updates, or potential risks like security issues and regulatory challenges that could impact future price movements.

HYPE token shows active trading on Pluang with a market cap of Rp382 trillion and a 24-hour volume of Rp11.44 trillion. The token price is Rp1,498,803, down 1.93% in the last day. These figures are current as of Oct 10, 2026 11:12 WIB.

More News (HYPE)

Dormant HYPE wallet moves tokens worth $23M to exchange after 2 years

Dormant HYPE wallet moves tokens worth $23M to exchange after 2 years

A HYPE wallet that was inactive for nearly two years recently transferred large batches of its tokens to a centralized exchange. The wallet had accumulated 257,928 HYPE tokens at prices between $3.39 and $3.72, originally costing about $902,000. Thes...

Market News
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Crypto markets deepen correction as Zcash and Ether near key support levels

Crypto markets experienced a deeper correction on October 9, with Zcash and Ether showing significant downside risks. Zcash traded around $1,190, close to a critical support level of $1,180, while Ether hovered near $2,525, just above its main suppor...

Technical Signals
Bearish
1 day ago
HYPE whale nets $23M profit from $902K investment after recent Kraken deposits.

HYPE whale nets $23M profit from $902K investment after recent Kraken deposits.

A HYPE whale has made over $23 million in profit from an initial investment of about $902,000 made roughly two years ago. The whale purchased 257,928 HYPE tokens at around $3.50 each and recently deposited 131,421 HYPE tokens to Kraken, valued at app...

Market News
Bullish
2 days ago
HYPE token may drop 17% to $72 as bearish signals emerge after surpassing $95 peak.

HYPE token may drop 17% to $72 as bearish signals emerge after surpassing $95 peak.

The HYPE token, after rallying above $95, shows signs of a potential decline of up to 17% toward $72 due to weakening momentum and bearish technical patterns. The price has fallen below key moving averages and the relative strength index indicates in...

Technical Signals
Bearish
2 days ago
Whale opens $21.87M short positions on PUMP, SOL, and XRP with mixed gains and losses.

Whale opens $21.87M short positions on PUMP, SOL, and XRP with mixed gains and losses.

A large trader opened short positions totaling about $21.87 million across PUMP, Solana (SOL), and XRP on October 8 after closing a long PUMP position at a loss. The trader's short positions included 1.5 billion PUMP tokens with 5x leverage, 75,000 S...

Market News
Neutral
2 days ago
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