$HYPE Surges Past 88 Dollars Amid Hyperliquid Growth Concerns

The Hyperliquid platform has reached an all-time high, with its native token $HYPE hitting 88 dollars. However, this surge in activity on the decentralized exchange comes with a warning: the higher the market confidence, the greater the risk of a correction.

The Block reported that the open derivative positions on Hyperliquid have exceeded 14.3 billion dollars, while the $HYPE token's price has reached an all-time high of 88 dollars. This growth is particularly notable since the platform's positions were halved after the historic crash in October 2025.

To reach a new all-time high, open positions would need to surpass 15 billion dollars, which is only a few percentage points away from the current level.