Hyperliquid (HYPE) Daily Market Analysis 07 July 2026

Here's the latest on Hyperliquid (HYPE) – holding near record highs amid token unlocks and regulatory scrutiny: • HYPE trades at $71.47 with $15.9B market cap, ranked 10th, up 6.71% weekly despite 1.2% daily dip (7 July 2026) • $630M token unlock on 6 July creates supply pressure, but some holders restake, reducing sell impact • Protocol fee model directs 99% of trading fees to open-market HYPE purchases, providing structural demand support • Derivatives open interest rises 6.65% to $2.94B with balanced funding rates, avoiding excessive leverage risks • Singapore's MAS adds Hyperliquid to Investor Alert List, adding compliance risk alongside prior UK warnings