Investment
Features
FeesSafety
Academy
More
Pluang+

HYPE token sees net inflation despite buybacks; new 21Shares ETF draws steady investor inflows

Protocol Fundamentals
17 May 2026
Blockonomi
View Source
Neutral
HYPE token sees net inflation despite buybacks; new 21Shares ETF draws steady investor inflows

On May 16, 2026, HyperCore repurchased 23,679.72 HYPE tokens but distributed 26,766 HYPE as staking rewards, resulting in a net inflation of 3,087 tokens added to circulation. This pace could add over 1.11 million HYPE tokens annually, reflecting ongoing supply growth. Meanwhile, the newly launched 21Shares spot HYPE ETF recorded positive net inflows every day during its first week, closing with $12.64 million in assets under management, representing 0.12% of HYPE's market cap. The ETF's steady inflows indicate strong investor demand and add buying pressure to HYPE as the protocol manages its inflation and supply dynamics going forward.

More News (HYPE)

HYPE token hits record $90.92 after manual borrowing feature launch, rising nearly 13%.

HYPE token hits record $90.92 after manual borrowing feature launch, rising nearly 13%.

The HYPE token from Hyperliquid reached a new all-time high price of $90.92 following the launch of its manual borrowing feature. This new functionality likely boosted investor confidence and trading activity, pushing the price close to $91 and marki...

Market News
Bullish
4 hours ago
Hyperliquid's HYPE token hits record high, enters crypto top 10 nearing $100 mark.

Hyperliquid's HYPE token hits record high, enters crypto top 10 nearing $100 mark.

Hyperliquid's native token HYPE surged to an all-time high of $89.92, breaking into the top 10 largest cryptocurrencies by market cap with about $22.61 billion. The rally is driven by strong technical momentum and high trading volume exceeding $1.58 ...

Technical Signals
Bullish
4 hours ago
Hyperliquid (HYPE) hits $92 after launching stablecoin borrowing feature, eyeing $100 next.

Hyperliquid (HYPE) hits $92 after launching stablecoin borrowing feature, eyeing $100 next.

Hyperliquid's token HYPE surged to a new all-time high of $92 following the launch of 'Manual Borrows,' a feature allowing users to borrow stablecoins using HYPE or BTC as collateral. This new feature boosts demand and liquidity for HYPE, with tradin...

Protocol Fundamentals
Bullish
7 hours ago
Hyperliquid (HYPE) hits new all-time high and nears $100 price target after entering crypto top 10.

Hyperliquid (HYPE) hits new all-time high and nears $100 price target after entering crypto top 10.

Hyperliquid's native token, HYPE, reached a new all-time high of $89.92 and entered the top 10 largest cryptocurrencies by market cap, now valued at $22.61 billion. Analyst Aksel Kibar highlighted a bullish breakout pattern, predicting HYPE could soo...

Technical Signals
Bullish
9 hours ago
Hyperliquid users borrowed $269M on day one of new manual borrowing feature.

Hyperliquid users borrowed $269M on day one of new manual borrowing feature.

Hyperliquid launched a manual borrowing feature on September 18, 2026, allowing users to borrow USDC or USDT using HYPE or BTC as collateral. On the first day, users borrowed $269 million, indicating strong demand and confidence in the platform's bor...

Protocol Fundamentals
Bullish
10 hours ago
banner-footerbanner-footer

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