Hyperliquid price jumps 6.09 percent to 86.37 USD

Published on 10/29/2026 at 13:02 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

A 19,700 HYPE burn was recorded on October 28. The Hyperliquid price stands while a November 6 unlock lists 9,916,667 HYPE.

Burns and token supply

Hyperliquid recorded a 19,700 HYPE burn on October 28, 2026.
A scheduled November 6, 2026, unlock lists 9,916,667 HYPE.
The Hyperliquid price stands at 86.37 USD as of October 29, 2026, 6.09 percent above the UTC daily close of October 28, 2026.
Circulating supply is 253.65 million HYPE.

Hyperliquid, XCRYPTOHYPE5, Illustration mit AI erstellt.

Hyperliquid (HYPE) jumps 6.09 percent to 86.37 USD as of October 29, 2026, according to Investing.com. Separately, ForkLog reported that 19,700 HYPE were burned on October 28, 2026.

Hyperliquid records a 19,700 HYPE burn

The October 28, 2026, burn brought the cumulative amount permanently removed from circulation to 49.87 million HYPE, according to ForkLog. The publication said the cumulative total represents 4.99 percent of the maximum supply of 1 billion HYPE. It also reported total platform revenue of 1.38 billion USD.

Hyperliquid's token economics connect fee activity with supply reduction. On October 21, 2026, CryptoTicker reported that the Assistance Fund uses platform revenue to buy HYPE and that the acquired tokens are permanently removed from circulation and total supply.

November 6 unlock lists 9,916,667 HYPE

A scheduled core-contributor unlock lists 9,916,667 HYPE for November 6, 2026, according to Fomoed. The report said the allocation represents a vesting tranche and that an unlock does not automatically mean an immediate sale. It also noted that recipients can hold, stake or sell the tokens.

The same October 27, 2026, report placed the tranche at roughly 765 million USD at a price near 77 USD, but that valuation is separate from the current market data. Fomoed also said monthly contributor unlocks continue into 2028, leaving the supply schedule as a recurring token-market factor.

HYPE market data shows a 6.09 percent move

The Hyperliquid price is 86.37 USD as of October 29, 2026, 6.09 percent above the UTC daily close of October 28, 2026, according to Investing.com. The daily high is 87.09 USD and the daily low (UTC day) is 78.22 USD. Market capitalization is 22.05 billion USD, ranking HYPE ninth, while 24-hour volume is 1.08 billion USD. Circulating supply is 253.65 million HYPE.