Hyperliquid (HYPE) Jumps 76% as HIP-4 Launch Nears
A report from Beincrypto says Hyperliquid (HYPE) has recorded a sharp price surge, rallying 76% over the past two weeks amid anticipation for the HIP-4 launch. The advance is tied to interest in fully collateralized outcome contracts, which settle within fixed price ranges and suit prediction markets and options-style DeFi strategies.
Despite the rally, social dominance remains muted and trader fatigue and delayed mainstream awareness have so far limited excessive speculation. Derivatives data show strong bullish exposure in futures, with long-side liquidations near $3.86 million versus $93,700 on shorts, and the largest liquidation cluster sitting near $26.
HYPE was trading near $36 at the time of writing, up almost 20% in 24 hours, with short-term targets cited at $42 and $47 en route to the $59 all-time high.