Hyperliquid ($HYPE ) — Complete Crypto Market Research
Hyperliquid ($HYPE) is the native token of the Hyperliquid Layer-1 blockchain, a decentralized financial ecosystem focused on perpetual futures, spot trading, and on-chain financial applications.
Market Overview: As of November 10, 2026, HYPE is trading around $74–$77, with an estimated market capitalization of $18.5–$19.5 billion and a market ranking around #10–#11. Its 24-hour trading volume is approximately $1.0–$1.1 billion, while its circulating supply is around 253 million HYPE. The maximum supply is approximately 950 million tokens, with an estimated fully diluted valuation of $70–$73 billion. Recent weekly performance indicates a decline of approximately 12%.
On-Chain Activity: Hyperliquid reports approximately $2.418 billion in DeFi TVL and $6.482 billion in stablecoin supply, with USDC accounting for approximately 98.76%. Daily network activity includes around 42,390 active addresses and 632,805 transactions. Its 24-hour perpetual trading volume is approximately $11.91 billion, while DEX volume stands near $293.71 million.
ETF Activity: Spot ETF products include Bitwise BHYP, 21Shares THYP, and Grayscale HYPG. Combined net assets were approximately $370 million, with cumulative net inflows around $290 million. Recent reporting also recorded approximately $2.7 million in net outflows.
Recent Developments: On November 9, Kinetiq launched the Elysium public mainnet, using HYPE as its native gas token. On November 5, Hyperliquid Strategies announced plans to establish a US-regulated Futures Commission Merchant, subject to regulatory approval.
Market Context: Hyperliquid continues expanding its decentralized financial infrastructure. Its derivatives volume, stablecoin activity, ETF participation, and ecosystem development remain important indicators of its current position in the crypto market.
#TradFiForBeginners
#NYSEToUseAvalancheToSettleTokenizedStocks
Hyperliquid ($HYPE) is the native token of the Hyperliquid Layer-1 blockchain, a decentralized financial ecosystem focused on perpetual futures, spot trading, and on-chain financial applications.
Market Overview: As of November 10, 2026, HYPE is trading around $74–$77, with an estimated market capitalization of $18.5–$19.5 billion and a market ranking around #10–#11. Its 24-hour trading volume is approximately $1.0–$1.1 billion, while its circulating supply is around 253 million HYPE. The maximum supply is approximately 950 million tokens, with an estimated fully diluted valuation of $70–$73 billion. Recent weekly performance indicates a decline of approximately 12%.
On-Chain Activity: Hyperliquid reports approximately $2.418 billion in DeFi TVL and $6.482 billion in stablecoin supply, with USDC accounting for approximately 98.76%. Daily network activity includes around 42,390 active addresses and 632,805 transactions. Its 24-hour perpetual trading volume is approximately $11.91 billion, while DEX volume stands near $293.71 million.
ETF Activity: Spot ETF products include Bitwise BHYP, 21Shares THYP, and Grayscale HYPG. Combined net assets were approximately $370 million, with cumulative net inflows around $290 million. Recent reporting also recorded approximately $2.7 million in net outflows.
Recent Developments: On November 9, Kinetiq launched the Elysium public mainnet, using HYPE as its native gas token. On November 5, Hyperliquid Strategies announced plans to establish a US-regulated Futures Commission Merchant, subject to regulatory approval.
Market Context: Hyperliquid continues expanding its decentralized financial infrastructure. Its derivatives volume, stablecoin activity, ETF participation, and ecosystem development remain important indicators of its current position in the crypto market.
#TradFiForBeginners
#NYSEToUseAvalancheToSettleTokenizedStocks
