Hyperliquid's HYPE token surges on institutional adoption and deflationary economics – here's the latest: • HYPE gained 31.7% YTD, trading at $31.48 as of 15 February 2026 after a $37.84 yearly high • Major institutional deals with Ripple (05 February 2026) and Tether validate platform infrastructure • Real-world asset trading exploded, with silver contracts driving over $5B in daily volume in early February • Network revenue surged ~200%, fueling token buybacks; 41,190 HYPE burned on 13 February 2026 • The largest treasury deployed $129.5M to acquire 5M HYPE tokens, signaling strong institutional confidence


