HYPE Falls Out of Crypto Top 10 After 6.5% Weekly Decline
The Hyperliquid ecosystem accrued roughly $945 million during the 12 months ended June 30 and generated $58.27 million in 30-day revenue.
Hyperliquid’s native token, HYPE, fell 6.5% over the past week, pushing it out of the top 10 cryptocurrencies by market capitalization as the asset retreated from recent gains.
The decline came alongside a broader pullback in the cryptocurrency market. HYPE had mostly defied the broader market trend in 2026 before its latest decline.
About $945 million accrued to the Hyperliquid ecosystem during the 12 months ended June 30. Hyperliquid also generated $58.27 million in revenue over the past 30 days.
Hyperliquid bought and permanently burned 10,400 HYPE in the latest 24-hour period, bringing cumulative burns to 48.96 million tokens.
