Hyperliquid (HYPE) traded at $72.33 on November 11, 2026, after declining 1.67% over the prior 24 hours. The move extended a broader period of weakness for the token, which has now shed 16.56% over the past seven days.
The 30-day picture reflects a similarly sharp retreat, with HYPE down 16.46% over that span. The consistency of losses across both the weekly and monthly timeframes points to sustained selling pressure rather than a short-term pullback.
Despite the drawdown, Hyperliquid's market capitalization remained at $17.22 billion, keeping the asset among the larger tokens by that measure. The figure reflects the token's remaining scale even as prices have compressed significantly from levels seen a month ago.
Trading activity and price action will continue to be watched closely as HYPE attempts to stabilize following one of its more pronounced multi-week declines on record.
