$HYPE fell 3.6% to $72.04 in 24 hours and 12.8% over the week. The correction came as Upbit officially listed the Hyperliquid token on South Korea's spot market.

Upbit accounted for 68.6% of the trading volume across South Korea's five major exchanges in April 2026, according to FP Research.

24-hour volume $HYPE $1.14 billion; volume-to-market-cap ratio: 7%. Weekly momentum remains negative.