Hyperliquid’s HYPE Token Rises More Than 10% in an Hour, Clears $87

Hyperliquid’s HYPE token rose more than 10% in about one hour and moved above $87 on Thursday, Oct. 29, marking a sharp short-term gain for the asset. Over the stated window, the gain exceeded 10% and HYPE crossed the $87 mark. That combines a double-digit move with a defined price threshold; the reported interval is about an hour, so the figures capture a short-term market shift rather than a full-day performance measure. A separate development involving U.S. markets is Intercontinental Exchange’s (ICE) plan to work with Trade.xyz to bring perpetual-contract products to regulated U.S. markets.