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Hyperliquid cools 6% from its Sept. 23 record

By USA Daily Desk · · 1 min read

Hyperliquid $88.20▼ −2.23% 24has of Oct 3, 2026, 2:50 AM ET

HYPE set an all-time high of $97.96 on Sept. 23 and now trades near $87.22. Separately, the Hyperliquid Policy Center and Circle pressed the EU on perps and stablecoin reserves in its MiCA review.

HYPE is -4.3% in 24 hours and -5.5% over seven days.

Its market cap is about $19.4B.

The MiCA submission covers perpetual futures and stablecoin reserve rules.

Sources

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