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The HYPE token of Hyperliquid is traded at around $40.3 on April 10, 2026, with an increase of approximately 3.9% in 24 hours and about 10% weekly after bouncing from its early April lows near $35.6.
HYPE shares are traded at around $40.3, up about 3.9% during the day and approximately 10% over the week, with an instant trading volume of nearly $250 million against a circulating market value of about $9 billion.
Hyperliquid controls an estimated 66-73% of decentralized retail flows, with a weekly trading volume of around $50 billion and open interest ranging between $6 billion and $10 billion, linking HYPE to the actual usage of the protocol.
Only about 24.8% of the maximum HYPE supply of one billion dollars is traded; its fully diluted value is nearly $35-39 billion, indicating significant future pressure on the liberation process.