Hyperliquid (HYPE) Daily Market Analysis 08 July 2026

Hyperliquid (HYPE) holds near record highs at $69.48, driven by strong institutional demand and record protocol activity. • Spot ETFs saw $112M in weekly inflows, with Grayscale's HYPG leading (6 July 2026) • Total open interest surpassed $10.2B, with June trading volume up 34% to ~$267B • Perpetual funding rate at 0.0035% per 8 hours shows mild bullish bias without overcrowding • Key resistance band at $75-$77; a close above could open path to $80+ • Risks include $630M token unlock on 6 July and regulatory scrutiny on on-chain derivatives