Published: February 3, 2026 | Current Price: $37.44
Hyperliquid (HYPE) is one of the most closely watched “onchain trading” ecosystems, combining high-performance infrastructure with a unified platform vision. With new features like HIP-4 style outcome instruments discussed publicly, HYPE remains a focal point for traders in 2026. This guide covers live market stats, key technical levels, and scenario-based targets. You can also monitor the wider market using Tapbit Price.
Current Market Overview
As of February 3, 2026, Hyperliquid is trading at $37.44, up +22.64% over the past 24 hours. HYPE remains below its ATH, so traders often watch for “reclaim structure” setups and liquidity continuation.
- Market Cap: $11.31B
- 24h Trading Volume: $1.00B
- Circulating Supply: 302.07M HYPE
- Total / Max Supply: 961.67M HYPE
- 24h Range: $29.63 – $38.30
- All-Time High (ATH): $59.39 (Sep 18, 2025)
- Distance From ATH: ~36.95% down
- All-Time Low (ATL): $3.20 (Nov 29, 2024)
What Is Hyperliquid (HYPE)?
Hyperliquid is a Layer-1 blockchain built around a “fully onchain open financial system” vision. Its architecture is commonly described through two major components: HyperCore (onchain perpetual futures and spot order books) and HyperEVM (a general-purpose smart contract environment designed to let builders use HyperCore liquidity as a primitive).
From a token perspective, demand is often tied to the growth of trading activity, ecosystem applications, and feature expansion that brings more users onchain—especially if the platform can keep costs low while delivering high performance.
Technical Analysis: Key Levels to Watch
HYPE posted a strong 24-hour move with a wide range. The core question is whether price can hold above reclaimed supports rather than immediately mean-reverting.
- Major Support Levels: $29–$30 (24h low area), $20 (psychological), $3–$10 (macro downside tail risk zone)
- Major Resistance Levels: $38–$40 (near-term), $59.39 (ATH), $70–$100 (bull extension zone)
- Indicator Checklist (practical):
- RSI: If RSI is elevated and price stalls under $38–$40, watch for a pullback to support.
- Trend Structure: Higher lows above $30 are constructive; losing $30 increases correction risk.
- Volume: Trend continuation usually needs volume to remain strong as price approaches resistance.
Key takeaway: A clean break above $38–$40 can set up a move toward the ATH. Losing $29–$30 increases odds of a deeper retracement.
Fundamental Drivers & Catalysts for 2026
- HyperEVM Ecosystem Growth: More apps built on top of HyperCore liquidity can support long-term demand.
- Product Expansion: New instruments can broaden the addressable market beyond standard perps.
- Outcome Trading (HIP-4 Concept): Public discussion of fully-collateralized outcome-style contracts could open new use cases (e.g., prediction markets).
- Competition: Perps and trading infrastructure is a crowded space; execution quality matters.
- Regulatory Sensitivity: Derivatives and prediction-market style products can face stricter scrutiny.
Hyperliquid (HYPE) Price Prediction for 2026–2030 (Scenario-Based)
Below are scenario ranges that reflect different outcomes for ecosystem growth, feature rollout, and macro liquidity.
| Scenario | Price Target Range | What Would Need to Happen | Probability (Subjective) |
|---|---|---|---|
| Bullish (New ATH + Expansion) | $70 – $100 | HyperEVM breakout + sustained volume leadership + successful new product rollouts | Medium |
| Base Case (Re-Test ATH Zone) | $45 – $70 | Continued adoption and strong market structure without a full “mania” | High |
| Sideways / Consolidation | $30 – $45 | Market cools; price ranges while ecosystem develops | Medium |
| Bearish | $15 – $30 | Risk-off macro, regulatory shocks, or competitive displacement | Low–Medium |
How to Trade HYPE Using Tapbit
- Create an account: Tapbit Register
- Log in: Tapbit Login
- Deposit funds (USDT is commonly used as a base market).
- Search HYPE markets (availability depends on listings/region).
- Use risk controls: define invalidation levels (e.g., below $30 if that is your structural support).
Track market moves first using Tapbit Price.
Conclusion
Hyperliquid (HYPE) remains a major onchain trading narrative with strong upside potential if the ecosystem continues to lead on performance and product depth. Key levels: $38–$40 resistance, $59.39 ATH, and $29–$30 support.
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Disclaimer: This content is for informational purposes only and does not constitute financial advice. Crypto markets are volatile. Data as of February 3, 2026.
