Hype Token Retreats Amid EU Regulatory Clarity Push

Hyperliquid's HYPE token has maintained a tight range between $88.45 and $89.87, retreating from its late September high of $97.88.

The Hyperliquid Policy Center has formally requested EU authorities to classify perpetual futures under existing MiFID II derivatives regulations, arguing that financial instruments should maintain their regulatory status regardless of the infrastructure they operate on.

Real-world asset trading activity on Hyperliquid declined from $37.5 billion to $8 billion over seven days, while platform fees continued their upward trend.