Get the latest crypto news, updates, and reports by subscribing to our free newsletter.
Giấy phép số 4978/GP-TTĐT do Sở Thông tin và Truyền thông Hà Nội cấp ngày 14 tháng 10 năm 2019 / Giấy phép SĐ, BS GP ICP số 2107/GP-TTĐT do Sở TTTT Hà Nội cấp ngày 13/7/2022.
© 2026 Index.vn
HYPE advanced to nearly $45 early Tuesday, marking its highest level in five months. The token gained over 20% during the past week as trading volumes expanded, with oil-linked perpetual contracts driving much of the activity on Hyperliquid. It later eased to about $43.4 at press time, but still held most of its weekly gains as traders remained active.
HYPE climbed sharply as traders increased activity across builder-deployed markets on Hyperliquid. The token reached nearly $45 before trimming gains later in the session, and it continued to trade firmly above late January levels.
The weekly advance exceeded 20%, reflecting stronger participation on the platform. Oil contracts ranked among the most traded assets during the rally, alongside higher open interest across new perpetual listings.
Hyperliquid operates a permissionless listing structure under its HIP-3 framework. Under this approach, outside developers can launch perpetual markets directly on the exchange. The protocol describes HIP-3 as a move toward decentralized perp listings.
This structure broadened the range of available markets beyond digital assets. Commodity and equity-linked contracts gained traction in recent weeks, shifting overall trading activity toward these instruments.
Market data showed builder-deployed markets topping $1.2 billion in open interest during March. Oil and equity futures contributed heavily to that figure, and these contracts became central to daily trading flows on the platform.
Trading activity accelerated during volatility tied to the US-Iran conflict. Traders used perpetual markets to react before traditional exchanges reopened, increasing volume across oil-linked contracts.
A March report from The Wall Street Journal described rapid volume growth in oil futures, with cumulative oil futures volume rising from $339 million to $7.3 billion within days. Traders favored nonstop markets during heightened geopolitical tension.
The surge extended beyond oil. HIP-3 daily volume reached about $5.4 billion in late March, with silver, WTI, Brent, and gold contracts leading that activity.

Premium gym chains are entering a “golden era” that is ending or already in decline, as rising operating costs collide with shifting consumer preferences toward more flexible, community-based ways to exercise. Long-term memberships are shrinking, margins are pressured by higher rents and facility expenses, and competition from smaller, more personalized…