--- title: "Why did HYPE go up 1.17% in 1 minute on Oct 26?" description: "HYPE +1.17% in 1 minute on Gate · USDT, Oct 26 UTC: 1 report nearby. Hyperliquid's HYPE token rose on Gate's USDT market in a one-minute move that stood out from the rest of the tracked market, with same-window spot volume well above the preceding same-hour median. A report that Hyperliquid plans…" language: en canonical: "https://whycoinmoves.com/en/events/hyperliquid-move-1793036100" published: 2026-10-26T17:36:01.000Z updated: 2026-10-26T18:38:04.000Z indexable: true --- # Why did HYPE go up 1.17% in 1 minute on Oct 26? HYPE +1.17% in 1 minute on Gate · USDT, Oct 26 UTC: no news found. Hyperliquid's HYPE token rose on Gate's USDT market in a one-minute move that stood out from the rest of the tracked market, with same-window spot volume well above the preceding same-hour median. A report that Hyperliquid plans to… Nearby report sources (context, not confirmed causes): [The Block]() ## Key facts HYPE changed +1.17% in 1 minute (26/10/2026, 17:34 to 26/10/2026, 17:35, UTC; Gate · USDT). On the OKX perpetual swap HYPE-USDT-SWAP around the alert: funding rate +0.0025% per 8h period; liquidations $0 long / $32 short (UTC). These are conditions that accompanied the move, not its cause. After site detection, observed returns were 5 minutes: -0.30% (difference from BTC -0.17 pp; 26/10/2026, 17:37 → 26/10/2026, 17:42, UTC; Gate · USDT); 1 hour: -0.75% (difference from BTC -0.65 pp; 26/10/2026, 17:37 → 26/10/2026, 18:37, UTC; Gate · USDT) ## Returns after site detection | Window | Return | BTC | Difference from BTC | Actual sampled interval (UTC) | Source | | --- | --- | --- | --- | --- | --- | | 5 minutes | -0.30% | -0.13% | -0.17 pp | 26/10/2026, 17:37 → 26/10/2026, 17:42 | Gate · USDT | | 1 hour | -0.75% | -0.10% | -0.65 pp | 26/10/2026, 17:37 → 26/10/2026, 18:37 | Gate · USDT | ## Detected price interval | Metric | Value | | --- | --- | | Window | 1 min | | Sampled prices | 78.5 → 79.42 | | Return / BTC difference | +1.17% / +1.12 pp | | Same-window move percentile | 100.0% · Gate · USDT · 26/10/2026, 17:34 → 26/10/2026, 17:35 (UTC) · Compared with preceding-week, same-length absolute spot returns; not a prediction. | | Spot volume versus same-hour median | 2.20× · Gate · USDT · 26/10/2026, 17:34 → 26/10/2026, 17:35 (UTC) · Quote volume compared with preceding-week windows starting in the same UTC hour. | | OKX perpetual funding rate (per period) | 0.0025% / 8h · OKX · HYPE-USDT-SWAP · sampled 26/10/2026, 17:36 (UTC) · Rate observed at collection; not annualized yield or a realized settlement. | | Observed long liquidations | $0 · OKX · HYPE-USDT-SWAP · sampled 26/10/2026, 17:36 (UTC) · 26/10/2026, 17:34 → 26/10/2026, 17:36 (UTC) · Returned API records cover this sampled interval; not market-wide totals. | | Observed short liquidations | $32 · OKX · HYPE-USDT-SWAP · sampled 26/10/2026, 17:36 (UTC) · 26/10/2026, 17:34 → 26/10/2026, 17:36 (UTC) · Returned API records cover this sampled interval; not market-wide totals. | | Detection threshold | 0.7% | | Source | Gate · USDT | ## Claims and open questions - The Block reported that Hyperliquid plans to make Kraken parent Payward the first CFTC-regulated HIP-3 deployer, described as a step toward regulated U.S. perpetual futures. - Gate spot readings for the alert window showed volume well above the preceding same-hour median and a move unusually large for this coin and window compared with the preceding week. - On the OKX perpetual swap, funding was near zero and liquidations were mostly shorts at a light scale around the alert. - What specifically drove the one-minute rise, given that the Payward report appeared after the move and timing alone cannot establish causation. - Whether any Hyperliquid announcement or market-wide driver coincided with the move, since other tracked coins did not move the same way. ## Source evidence - [Hyperliquid says Kraken parent Payward to be first CFTC-regulated HIP-3 deployer]() — The Block; published 26/10/2026, 18:21; received 26/10/2026, 18:23 (UTC). ## Nearby reports: context, not confirmed causes - [Hyperliquid says Payward will be first CFTC-regulated HIP-3 deployer]() — 26/10/2026, 18:21 (UTC). ## Recent HYPE events and market reactions - [Hyperliquid says Payward will be first CFTC-regulated HIP-3 deployer]() — Published 26/10/2026, 18:21 (UTC) · Single source (1 publisher) · Regulation · 5m -0.14% / 1h -0.26% - [Bitwise and Hyperliquid ask SEC to clarify token trading and airdrop rules]() — Published 20/10/2026, 20:38 (UTC) · Single source (1 publisher) · Regulation · 5m -0.09% / 1h +0.87% - [Full coin archive]() ## Recent Market watch events on other coins - [PEARL: Why did PEARL drop 2.47% in 1 minute on Oct 26?]() - [QTC: Why did QTC drop 12.87% in 5 minutes on Oct 26?]() - [QTC: Why did QTC drop 6.52% in 1 minute on Oct 26?]() - [Market watch]() ## Research for this archive - [Altcoin beta to Bitcoin: BTC, ETH, SOL and DOGE hourly returns]() - [Will Bitcoin go back up? Every crash since 2011 and its recovery time]() - [Do XRP and Solana ETF flows move the price? First-year data]() - [Crypto liquidity and order book depth: a historical data audit]() Evidence levels describe source coverage, not the probability that a report is true. Price moves and their timing cannot establish a cause; minute samples show an observed interval and alert thresholds are heuristics. Explanations are model-assisted, with citations and figures checked. Source titles stay in their original language; full articles are not republished. [Methods and limitations]()