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HYPE Rises More Than 8% in an Hour as Price Reaches $86

Trade.xyz and ICE plan to introduce a Hyperliquid perpetual futures market in the United States.

A brushed metal token tilts against a warm vermilion wedge / TokenPost.ai
A brushed metal token tilts against a warm vermilion wedge / TokenPost.ai

HYPE traded at $86 at 6:55 a.m. ET Thursday after rising more than 8% in the hour leading into that observation. The reading was timestamped 10:55 UTC (6:55 a.m. ET) on Oct. 29, 2026. The $86 figure captures a price at one moment, while the percentage describes the move across the previous 60 minutes. It is an hourly change, not a daily return.

Separately, Trade.xyz and ICE plan to introduce a Hyperliquid perpetual futures market in the United States. The market is planned rather than launched. The price reading concerns the HYPE token, while the product plan concerns a futures market tied to Hyperliquid. These are two distinct details: one records a token's short-term performance, and the other is a proposed trading market in the United States. The stated time provides the endpoint for interpreting the one-hour change. At that point, the quote stood at $86, and the hour-long advance was above 8%.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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