November 6 unlock: What it means for the Hyperliquid price

Published on 10/26/2026 at 13:05 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q3 data put the protocol at 58 percent of on-chain open interest. Hyperliquid price is 77.13 USD on October 26, 2026, down 1.35 percent.

Market share and fund flows

A scheduled core-contributor release involves 9.92 million HYPE on November 6, 2026.
Q3 data put Hyperliquid at 58 percent of on-chain perpetual open interest and 38.6 percent of volume.
The Hyperliquid price stands at 77.13 USD as of October 26, 2026, 1.35 percent below the UTC daily close of October 15, 2026.
Spot HYPE ETFs recorded 7.342 million USD in net outflows on October 20, 2026.

Hyperliquid, XCRYPTOHYPE5, Illustration mit AI erstellt.

Hyperliquid (HYPE) has a scheduled core-contributor unlock of 9.92 million HYPE on November 6, 2026, according to CoinCentral. The Hyperliquid price stands at 77.13 USD as of October 26, 2026, down 1.35 percent compared with the UTC daily close of October 15, 2026.

November 6 release covers 9.92 million HYPE

An unlock is a scheduled release of previously restricted tokens into a transferable balance. CoinCentral reported on October 25, 2026, that the next core-contributor release is set for November 6, 2026, and involves about 9.92 million HYPE. The report described the date as an upcoming token event rather than a confirmed sale into public markets.

The distinction matters because a scheduled allocation and an exchange sale are separate events. The October allocation illustrates that difference: Hyperliquid Labs arranged an over-the-counter transaction for 3.75 million HYPE, according to a separate October report cited in the recent coverage. An over-the-counter transaction transfers tokens directly between counterparties instead of placing an order on a public exchange.

Q3 open interest reached 58 percent

Hyperliquid held 58.0 percent of on-chain perpetual open interest in the third quarter of 2026 while accounting for 38.6 percent of trading volume, according to TechFlow in a report dated October 21, 2026. Open interest measures the value of outstanding derivative positions, while trading volume measures transactions completed during the period.

TechFlow also reported that perpetual-contract fees reached 165.5 million USD in Q3 2026, up 2.9 percent from the prior quarter, and that 88.7 percent went to the Assistance Fund for HYPE purchases. A separate flow measure was weaker: TokenPost reported 7.342 million USD of net outflows from United States spot HYPE ETFs on October 20, 2026.

HYPE trades at 77.13 USD on October 26

According to Investing.com, HYPE trades at 77.13 USD as of October 26, 2026, down 1.35 percent compared with the UTC daily close of October 15, 2026. The daily high is 78.95 USD and the daily low for the UTC day is 76.20 USD. Market capitalization is 19.56 billion USD, ranking HYPE 10th, while 24-hour volume is 822.03 million USD and circulating supply is 253.77 million HYPE.