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← Hyperliquid (HYPE) price and news
HYPE · Daily move · 2026-10-31

Why did Hyperliquid drop 2.3% on October 31, 2026?

HYPE moved much further than Bitcoin's move would suggest; no cause is identified. HYPE fell further than this on 6 of the past 29 days. 1 HYPE report is on the timeline below: 1 published before the largest hourly move and 0 during or after it. Timing alone does not show what caused the move.

Day open / close
$89.94 → $87.9524 hourly candles, OKX · USDT
Day range
$86.25 – $90.174.5% from low to high
Versus Bitcoin
-2.25% / BTC +0.29%24 hours to Nov 1, 2026, 00:00 UTC; the headline uses the live price. About -2.6 points of the move is its own after allowing for Bitcoin
Versus the past month
6 of the past 29 days fell further-2.25% in the 24 hours to Nov 1, 2026, 00:00 UTC, 1.2× a typical day (1.8%).
30-day range
9.4% below the high · 18.1% above the lowFrom hourly highs and lows on the same venue
Other tracked coins
11 of 28 others also fell 0.8% or more8 rose that much
24h volume
2.5×of its prior 30-day daily average

Computed from OKX · USDT hourly candles for the 24 hours to Nov 1, 2026, 00:00 UTC. Methods →

HYPE timeline around October 31, 2026

Largest closed hourly move: -1.30%, Oct 31, 2026, 13:00–14:00 (UTC).

Reports from the day before and after (1)
  1. Before the largest hourly move
  2. Trade.xyz says ICE will invest in its CFTC-regulated Hyperliquid perps venue Decrypt

    Decrypt's Tyler Warner reported that Trade.xyz announced Intercontinental Exchange, owner of the New York Stock Exchange, is investing in a plan for a regulated U.S.

Report summaries say what each report stated; none is presented as the cause of the price move.

Same-day movers · 2026-10-31 (UTC)