$HYPE rose 3.5% in 24 hours to $92.98, as the market focused on Hyperliquid’s major unlock schedule in October 2026.

On October 6, 3.75 million $HYPE worth $340 million are scheduled to be unlocked for a single institutional buyer.

24-hour volume was $772 million, with a volume-to-market-cap ratio of 4%. $HYPE ranked 11th by market capitalization; supply remains a risk.