9.92 million HYPE unlocks October 29: What it means for the Hyperliquid price

Published on 10/27/2026 at 13:23 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Hyperliquid held 58 percent of Q3 on-chain perpetual open interest. Hyperliquid price is 77.13 USD on October 27, 2026, down 1.35 percent.

Unlock calendar and market activity

A scheduled release of 9.92 million HYPE is set for October 29, 2026.
Hyperliquid held 58.0 percent of Q3 on-chain perpetual open interest against 38.6 percent of volume.
The Hyperliquid price stands at 77.13 USD as of October 27, 2026, 1.35 percent below the UTC daily close of October 26, 2026.
U.S. spot HYPE ETFs recorded 7.342 million USD of net outflows on October 20, 2026.

Hyperliquid, XCRYPTOHYPE5, Illustration mit AI erstellt.

Hyperliquid (HYPE) has a scheduled unlock of 9.92 million tokens on October 29, 2026, valued at 785 million USD, according to ChainCatcher, which cited token data from RootData. The Hyperliquid price stands at 77.13 USD as of October 27, 2026, down 1.35 percent compared with the UTC daily close of October 26, 2026, according to Investing.com.

9.92 million HYPE is scheduled for October 29

The scheduled release concerns tokens allocated to Hyperliquid core contributors. ChainCatcher reported on October 22, 2026, that the release is set for 7:00 AM Beijing time on October 29 and represents 9.92 million HYPE with a stated value of 785 million USD. The date is within the next two weeks and makes the unlock the nearest dated supply event identified for the token.

An unlock makes tokens eligible for release, but the schedule does not establish how many tokens will be claimed or sold. That distinction is relevant because the October 2026 contributor payout was described separately from the scheduled monthly amount in coverage listed before October 27, 2026.

Q3 activity reached 58.0 percent of open interest

Hyperliquid accounted for 58.0 percent of on-chain perpetual open interest in the third quarter of 2026 and 38.6 percent of trading volume, according to TechFlow. The report also put the platform's Q3 volume growth at 9.2 percent, while average one-sided open interest rose 45.3 percent to 6.3 billion USD.

Fund flows supplied a separate counterpoint. U.S. spot HYPE ETFs recorded 7.342 million USD of net outflows on October 20, 2026, with Bitwise's BHYP fund accounting for 5.3901 million USD of that amount, as TokenPost reported on October 21, 2026.

HYPE trades at 77.13 USD on October 27

According to Investing.com, HYPE trades at 77.13 USD as of October 27, 2026. The token is down 1.35 percent compared with the UTC daily close of October 26, 2026; its daily high is 78.95 USD and its daily low (UTC day) is 76.20 USD. Market capitalization is 19.56 billion USD, ranking HYPE No. 10, and 24-hour volume is 822.03 million USD. Circulating supply is 253.77 million HYPE.