Hyperliquid, an on-chain perpetual futures platform, has significantly improved its trading metrics to compete closely with centralized exchanges like Binance. It achieved near-equal order-book depth within ±1 basis point on major pairs such as BTC perps and introduced sub-millisecond order matching, reducing latency by 38%. Additionally, migrating its order book to a private fiber network enhances speed and fairness. These advances, along with strong trading volumes and a robust liquidation backstop, position Hyperliquid as a formidable player in the perpetual futures market.
As of Oct 02, 2026 00:42 WIB, Hyperliquid (HYPE) trades at Rp1.582.672 with a 1-day decline of 1.57%, contrasting with Binance Coin (BNB) which is up 0.82% at Rp13.874.026. Despite HYPE's smaller market cap of Rp396,8T compared to BNB's Rp1.849,67T, HYPE's 24-hour volume of Rp18,71T is relatively close to BNB's Rp23,69T, highlighting strong trading activity for Hyperliquid on Pluang. The typical hold time for HYPE is notably shorter at 37 days versus BNB's 89 days, reflecting different investor engagement levels.
Hyperliquid purchased and burned 20,200 HYPE tokens in 24 hours, spending about $1.8 million at an average price of $89.05 per token. This brings the total burned tokens to 49.09 million HYPE, which is 4.91% of the token's maximum supply and valued a...
Hyperliquid's HYPE token traded near $88.45 on October 1, down 2.74% and about 9.6% below its recent peak of $97.88. The Hyperliquid Policy Center urged European regulators to classify perpetual futures based on their economic features under existing...
Hyperliquid (HYPE) increased by 3% in 24 hours, holding above $90 as U.S. inflation data lowered rate hike odds, boosting crypto markets. The token's strong buying pressure and a key technical support suggest potential to surpass $100 soon. Despite d...
Hyperliquid (HYPE) saw its price increase by 5.80% within four hours to reach $89.76 on September 30, extending its 24-hour gain to 3.86%. The price moved up from $84.84 earlier in the day, with trading data sourced from Binance spot HYPE/USDT prices...
Hyperliquid Labs announced a private sale of 3.75 million HYPE tokens on October 7, a volume 8.65 times larger than a previous unlock. The tokens will be sold in an over-the-counter deal to an institution, not on public exchanges, which may reduce se...
