Hyperliquid (HYPE) Resilience Amid Market Downturn: Key Factors and On-Chain Data Analysis

Saturday, Feb 7, 2026 5:13 am ET1min read
COIN--

Hyperliquid (HYPE) has outperformed the broader crypto market despite extreme market fear. Several internal drivers contribute to its success, including a surge in trading volume for HIP-3 futures contracts and a listing on Coinbase. Additionally, HYPE's absence from Binance may help it avoid widespread sell-offs. However, the token's price story is complex and influenced by various factors, including the impact of larger liquidations on its price.

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