HYPE/USDT market overview
Hyperliquid price today
The price of Hyperliquid is 86.62 USDT as of Nov 2, 2026, 09:59 UTC. HYPE is down 2.11% in the last 24 hours, trading between 85.29 USDT and 89.14 USDT, with 605.60K USDT in 24-hour trading volume. Over the past 7 days, Hyperliquid has risen 10.20% against USDT.
Today
- Last price
- 86.62 USDT
- 24h high
- 89.14 USDT
- 24h low
- 85.29 USDT
- 24h volume (HYPE)
- 6.90K HYPE
- 24h volume (USDT)
- 605.60K USDT
Performance
- 24h change
- -2.11%
- 7-day change
- +10.20%
- 30-day change
- -3.20%
- 90-day change
- --
- 1-year change
- --
How to buy and sell HYPE with USDT on OTCN
Easy trade converts one asset into another at the rate shown in the trade card above. To buy Hyperliquid, select Buy, enter the amount of USDT you want to spend and check how much HYPE you will receive. To sell, switch to Sell and enter the amount of HYPE you want to convert back to USDT.
The rate moves with the market, so always review the amount you will receive before you confirm. If you want to set your own price with limit orders, use the HYPE/USDT spot market instead. Fees for every product are listed on the Fees page.
What is Hyperliquid (HYPE)?
HYPE is the native token of Hyperliquid, a layer-1 blockchain known mainly for its on-chain exchange for perpetual futures and spot trading. Core development is led by Hyperliquid Labs, a self-funded team, and the exchange's order books and matching engine run on the chain itself rather than on off-chain servers. HYPE launched in November 2024 at a genesis event that airdropped 31% of the supply to eligible Hyperliquid users, with no allocation to private investors.
The network is secured by HyperBFT, a delegated proof-of-stake consensus in which holders delegate HYPE to validators that produce blocks in proportion to their stake. HYPE also pays gas on HyperEVM, the network's Ethereum-compatible smart contract layer, is used for governance and lowers trading fees on Hyperliquid when staked. The maximum supply is 1 billion HYPE. A share of trading fees goes to a protocol address called the Assistance Fund, which converts it into HYPE that is treated as burned and removed from total supply.
What is Tether (USDT)?
Tether (USDT) is a stablecoin designed to hold a value of 1 US dollar. It launched in 2014 and is issued on several blockchains, including Ethereum and Tron. Because its price is meant to stay close to 1 USD, traders use USDT to price other crypto assets and to keep a dollar-denominated balance without leaving the crypto market.
Why trade Hyperliquid against USDT?
HYPE/USDT gives Hyperliquid's native token a price in dollar terms and lets you move between HYPE and a stablecoin balance in one step. Because HYPE is used for staking, HyperEVM gas, governance and trading fee discounts, news about network activity, governance votes and token supply can affect its price. Holding the other side of the pair in USDT gives you a dollar reference point, and crypto markets trade around the clock, including weekends.
Cryptocurrency prices are highly volatile and you can lose some or all of the money you convert. The information on this page is general market information, not investment advice, and past price movements are not a reliable indicator of future results. Read our
Risk Disclosure before you trade.
