Hyperliquid Listed on Upbit and Bithumb. Why Is HYPE Still Down 14% in a Week?
24/7 Wall St.
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. South Korea’s two largest cryptocurrency exchanges, Upbit and Bithumb, began trading Hyperliquid ( CRYPTO:HYPE ) in won on November 10, 2026. However, HYPE continues to decline and trades at $74, down 3.2% in the last 24 hours and 13.1% over the past week, leaving it 24.5% below its all-time high of $98 from September 23. Hyperliquid is a decentralized exchange for perpetual futures, contracts that track a coin’s price with no expiration date, and HYPE is the exchange’s token. HYPE has traded below every daily close since October 25. Its 30-day loss has reached 14.7%, with the sharpest single-day drop on November 5, when it fell 8.5%.
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A listing, a launch or an airdrop is not a reason to buy. Check the contract address on the project's own site. Never sign a transaction or hand over a seed phrase to claim anything.
