Crypto

Hyperliquid Drops 5.18% as HYPE Extends Multiweek Slide

Hyperliquid's native token fell sharply on November 6, 2026, adding to significant losses recorded over the past month.

By Love Wallet · November 6, 2026

Hyperliquid Drops 5.18% as HYPE Extends Multiweek Slide
Price
$78.04
24h
-5.18%
1 week
-15.85%
1 month
-12.78%
Market cap
$18.54B

Hyperliquid (HYPE) traded at $78.04 on November 6, 2026, a decline of 5.18% over the prior 24 hours. The move extended a broader downturn that has weighed on the token across multiple timeframes.

Over the past seven days, HYPE has shed 15.85%, while the 30-day loss stands at 12.78%. The consecutive declines across those windows reflect sustained selling pressure on the asset.

Despite the price weakness, Hyperliquid's market capitalization remained at $18.54 billion, keeping the token among the larger digital assets by that measure.

The session's drop represents the latest leg of a multi-week retreat for HYPE, with the token now trading meaningfully below levels seen a month prior.

Market data is provided for informational purposes only and may be delayed. Nothing in this article is financial advice.

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