Hyperliquid's native token HYPE traded at $78.94 on October 18, 2026, a decline of 0.94% over the prior 24 hours. The move extended a broader stretch of weakness for the asset, which has shed 7.16% over the past seven days.
Zooming out further, the pressure has been more pronounced. HYPE has fallen 12.95% over the trailing 30-day period, reflecting sustained selling that has eroded gains built up earlier in the year.
Despite the price weakness, Hyperliquid retains a market capitalization of $17.62 billion, keeping it among the larger assets in the cryptocurrency market by that measure.
The token's consecutive losses across the 24-hour, seven-day, and 30-day timeframes point to consistent downward momentum, though trading conditions in the broader crypto market remain a factor in interpreting the move.
