What is HIP-4 and why does it matter for HYPEUSD?

HIP-4 is a Hyperliquid proposal introducing outcome-based trading contracts, including prediction markets and options-style derivatives without margin or liquidation risk. It matters because it expands the platform's product suite beyond perpetual futures, potentially attracting new users and generating additional fee revenue that funds HYPE token buybacks and burns.

How does Hyperliquid's fee structure support HYPEUSD value?

Hyperliquid generates fees from trading activity, which are systematically used to buy and burn HYPE tokens. This deflationary mechanism ties token scarcity directly to platform usage. As trading volume increases through new products like outcome contracts, fee revenue accelerates, supporting higher token valuations through reduced supply.

What are the key technical support and resistance levels for HYPEUSD?

HYPEUSD has support at $22.33 (Bollinger Band lower) and $25.55 (50-day moving average). Resistance sits at $29.29 (Bollinger Band upper). A break above $32 would signal resumption of the uptrend, with quarterly forecasts targeting $52.54 as the next major resistance zone.

Why did HYPEUSD surge 34% in five days?

The five-day rally was driven by the HIP-4 announcement on February 2, 2026, introducing outcome-based trading, combined with strong whale accumulation of 1.2 million HYPE tokens. The platform's recent "Best DEX" award and proven product-market fit also supported positive sentiment and buying pressure.

What is the monthly price forecast for HYPEUSD?

Monthly forecasts suggest HYPEUSD could test $19.81, representing a 36% decline from current levels. This target reflects potential profit-taking after the recent rally. However, sustained adoption of HIP-4 and continued fee growth could support prices above current levels instead.

Crypto Insights

HYPEUSD Hyperliquid USD Climbs 1.09% as HIP-4 Outcome Trading Expands Platform

ByHuzaifa Zahoor February 3, 2026February 3, 2026

HYPEUSD Hyperliquid USD is trading at $30.976 on February 2, 2026, up 1.09% in the last 24 hours. The token has gained 34.10% over the past five days, driven by strong platform adoption and the recent HIP-4 proposal announcement. This upgrade introduces outcome-based trading contracts, including prediction markets and options-style derivatives without margin or liquidation risk. Market data shows HYPEUSD is consolidating near its 50-day moving average of $25.55, with trading volume at 784.7 million. We examine the technical setup, price targets, and what’s driving momentum in Hyperliquid’s native token.