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Hyperliquid Surges 10% as $1.16 Billion Buybacks Fuel HYPE Flippening Speculation
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Hyperliquid Surges 10% as $1.16 Billion Buybacks Fuel HYPE Flippening Speculation

Yahoo Finance · May 24, 2026, 5:48 PM

Key takeaways

  • The move pushed Hyperliquid s market cap above $15 billion and the token to 11th in global rankings, with HYPE outpacing most majors over a seven-day window.
  • The Assistance Fund sits at the center of HYPE s bid, with Hyperliquid using nearly all trading fee revenue, over $1.16 billion, to buy back HYPE.
  • "HYPE’s recent rally is driven less by ETF expectations than by Hyperliquid’s built-in buyback mechanism.

Hyperliquid Surges 10% as $1.16 Billion Buybacks Fuel HYPE Flippening Speculation Photo by Be In Crypto Lockridge Okoth Mon, May 25, 2026 at 12:48 AM GMT+7 3 min read HYPE32196-USD Hyperliquid (HYPE) climbed nearly 10% to levels above $63, with a $1.16 billion buyback program meeting rising ETF inflows and renewed Binance flippening talk.

The move pushed Hyperliquid s market cap above $15 billion and the token to 11th in global rankings, with HYPE outpacing most majors over a seven-day window.

The Assistance Fund sits at the center of HYPE s bid, with Hyperliquid using nearly all trading fee revenue, over $1.16 billion, to buy back HYPE.

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