Live market

HYPE perp price, live

The HYPE perp price on this page is read directly from the exchange order book each time the page is served, along with the current spread, funding rate and open interest.

A market most price pages ignore. Everything here comes from the perpetual book as this page rendered.

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$81.92
▼ $1.28 (-1.54%) since yesterday
Mark price$81.92
Best bid$81.92
Best ask$81.92
Spread$0.000.1 bps
Oracle price$81.93
Funding rate0.0013%per interval
Open interest138,726.28 HYPE
24h volume$10,445,834

Read from the Pacifica perpetual book at 2026-10-14 07:55 UTC, through our own keyless relay, and refreshed at most every five minutes. Any figure quoted from this page is accurate as of that time and not afterwards.

A smaller book, and what that changes

Everything on this page is true of a market that is younger and thinner than bitcoin's. Quotes move further on the same size, funding reacts faster, and a single large participant is visible in the numbers. None of that makes the market worse; it makes the numbers more sensitive, and it means the same figure carries less certainty than it would elsewhere.

The token and the venue are connected

HYPE is tied to the exchange ecosystem it belongs to, so activity on that venue and the price of this token move together more than they would for an unrelated asset. That reflexivity is the thing to hold in mind when reading a sharp move: it may be about the market itself rather than about anything external.

Slippage matters more than the headline price

On a book this size, the price you see and the price you get diverge as soon as size is involved. The spread shown here is the cost at the top of the book; below it, the cost grows faster than on a deeper market. Anyone sizing a position from the headline number is reading the cheapest possible version of it.

Funding is noisier here, and that is information

Rates on smaller markets swing further and revert faster, so a single reading says less than a pattern does. A rate that has been positive for days is a crowd; a rate that spiked in one interval is often one participant. The page shows the current figure, and the honest reading of it needs the history that one number cannot carry.

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