Hyperliquid price is consolidating around $39 after a 49% monthly rally, as oil perps, tokenized U.S. stocks and record HIP?3 open interest turn the DEX into a real?world markets hub.

Hyperliquid’s ($HYPE) price, the core asset of the Hyperliquid perpetual futures and on?chain derivatives ecosystem, is changing hands at approximately $39.03 today after a small daily loss of about 2.59%, leaving the token in a tight consolidation band just below recent highs.