Why has HYPE (CRYPTO:HYPE) reached a new all-time high?

HYPE (CRYPTO:HYPE) reached $92.56 as Hyperliquid launched manual borrowing for USDC and USDT, although the source does not establish that the lending feature caused the price increase.

What are the new borrowing options for HYPE (CRYPTO:HYPE)?

HYPE (CRYPTO:HYPE) can be used as collateral to borrow USDC and USDT through Hyperliquid’s new manual borrowing feature.

How is Hyperliquid using HYPE (CRYPTO:HYPE) as collateral?

Hyperliquid allows HYPE (CRYPTO:HYPE) holders to provide the token as collateral when borrowing supported stablecoins through its lending system.

What does the $92.56 price mean for HYPE (CRYPTO:HYPE)?

The $92.56 price represents a new all-time high for HYPE (CRYPTO:HYPE).

Why is Hyperliquid adding crypto borrowing?

Hyperliquid has added crypto borrowing as part of its expansion into decentralised finance services beyond its core perpetual futures market.

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HYPE hits $92.56 as Hyperliquid launches loans

Written by Liezl GambePublished Sep 19, 2026, 2:40 AM

HYPE (CRYPTO:HYPE) has reached a record $92.56 as Hyperliquid has launched manual crypto borrowing.
The new feature allows users to borrow USDC and USDT against HYPE and Bitcoin collateral.
HYPE has gained 10.5% over 24 hours as trading activity has increased around the platform.

Hyperliquid has launched manual borrowing for USDC and USDT, while HYPE has reached a new all-time high of $92.56.

The lending feature allows users to borrow stablecoins against HYPE and Bitcoin collateral through Hyperliquid’s platform.

HYPE has gained 10.5% over 24 hours, reaching its record price as the new borrowing feature went live.

The lending system requires users to provide collateral before borrowing USDC or USDT, with loan terms determined by the platform’s risk parameters.

Hyperliquid has continued expanding beyond perpetual futures by adding lending and other decentralised finance services to its ecosystem.

The new borrowing feature gives HYPE holders another way to use their holdings without selling the token, although borrowing carries liquidation risk.

HYPE’s latest record has come alongside the expansion of Hyperliquid’s lending infrastructure, linking the token with a broader set of DeFi applications.

At the time of reporting, Hyperliquid price was $93.29.