# HYPE Breaks Above 88 USDT After Rising 8.84% in Nearly Two Hours

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/43487
Published: 2026-10-29T12:01:39.000Z
Updated: 2026-10-29T12:01:39.000Z
Section: Investing

> Separately, ICE and Trade.xyz plan a U.S.-focused perpetual futures market built on Hyperliquid.

HYPE climbed above 88 USDT after gaining 8.84% in nearly two hours. The move combined a price threshold crossing with a short-term percentage increase.

Separately, ICE, the parent of the New York Stock Exchange, and Trade.xyz plan to build a perpetual futures market for U.S. users on Hyperliquid. The market plan is a separate development from HYPE’s price move.