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

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/43442
Published: 2026-10-29T11:00:11.000Z
Updated: 2026-10-29T11:00:11.000Z
Section: Investing

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

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%.