Doing better than the market
The total crypto market is −2.3% in 24 hours. HYPE is +16%, 19% better than the market, so part of the move is specific to Hyperliquid.
Why is the crypto market moving? →
why / hype
Why is Hyperliquid up today?
Hyperliquid (HYPE) is up 16% in the last 24 hours, trading at $91.57. That is 19% better than the whole crypto market (−2.3%), so part of the move is specific to Hyperliquid. Trading volume is running at 3.8× its 30-day average.
HYPE 24h+16.25%
Whole market 24h−2.30%
Bitcoin 24h−2.41%
Link to BTC (30d)0.10
Volume vs normal3.8×
Exchange-based Tokens sector−2.13%
signals
What is moving Hyperliquid
Strongest signals first.
Trading volume is 3.8× normal
At today's pace, HYPE trades about 3.8 times its 30-day average volume. Heavy volume means many traders are acting on the move, which makes it more meaningful.
3 stories about Hyperliquid today
Recent headlines: “HYPE teases all-time high as NYSE owner ICE eyes US Hyperliquid perps” and “Stanley Druckenmiller's first X post backs Hyperliquid venture after $23 million indirect investment”. Read them below.
Moving on its own, not with Bitcoin
Over the last 30 days, HYPE's daily moves had a 0.10 correlation with Bitcoin (1 means identical direction). That is low: HYPE has mostly moved on its own lately, while Bitcoin is −2.4% today.
Bitcoin price →The Exchange-based Tokens sector is down
Hyperliquid is part of the Exchange-based Tokens sector, which is −2.1% today. HYPE is moving against its sector, which points to coin-specific news or trading.
Exchange-based Tokens sector →Market mood: Fear (30)
The Crypto Fear & Greed Index reads 30 out of 100, down from 51 yesterday. Sentiment is not extreme either way.
Fear & Greed Index →Liquidations, funding and open interest
See whether leveraged traders are being forced out of HYPE positions right now, on the chart, in the Blockdeck app.
See VIP layers →news
Hyperliquid news today
HYPE teases all-time high as NYSE owner ICE eyes US Hyperliquid perpsCointelegraph · 16h agoStanley Druckenmiller's first X post backs Hyperliquid venture after $23 million indirect investmentCoinDesk · 16h agoHyperliquid's HYPE Jumps 13% as NYSE Owner ICE Moves to Bring Its Perpetual Futures to the USDecrypt · 17h ago
next
Keep exploring Hyperliquid
faq
Questions
Why is Hyperliquid up today?
Hyperliquid (HYPE) is up 16% in the last 24 hours, trading at $91.57. That is 19% better than the whole crypto market (−2.3%), so part of the move is specific to Hyperliquid. Trading volume is running at 3.8× its 30-day average.
Will Hyperliquid go back down?
Nobody can know that in advance, and Blockdeck does not make price predictions. What the data shows: HYPE is +16.60% over 7 days and +7.04% over 30 days. Check the live chart and the signals above, and never trade more than you can afford to lose.
How is this explanation made?
From measured market data, refreshed every few minutes: the whole market's move, HYPE's link to Bitcoin over 30 days, its sector, trading volume against its 30-day average, recent news, where the price sits in its range, and market sentiment. Nothing here is guessed or written by hand.
Explanations are built from market data and are not financial advice.