Macro Reaction

How Hyperliquid (HYPE) reacts to macro news

HYPE moves 3.4× a normal hour after US CPI; 36% of releases give it a top-10% hour.

n=11 releases since 2025 · thin trading inflates this · small sample · 2022+ only, misses earlier cycles · median move vs matched normal hours

Hyperliquid (HYPE) has data for 131 scheduled macro releases across 10 event types. The biggest typical +1h move (median size, either direction) came after US Consumer Price Index (CPI) (±1.38%, 3.4× a normal hour), the smallest after US Producer Price Index (PPI) (±0.36%, 3.0× a normal hour).

Next release that moves HYPE: FOMC rate decision,

Small sample: HYPE has only traded on Bitstamp since 25 Nov 2025, so every figure here rests on a handful of releases.

How much bigger the HYPE move is after each event than in a normal hour (median vs matched quiet hours; 1× = no different). Faded bars are not clearly above noise. Tap a bar for every release.

Every event, ranked by how much it moves HYPE

Ranked by the move multiple: the median move after a release vs a matched normal hour. "Top-10%" is how often a release gives a move bigger than 90% of normal ones (10% would be no different from normal). Impact is the event's site-wide rating (see methodology). Typical move sizes by window follow (median absolute move, either direction). Click a column to sort; click an event for every release.

Event× normalTop-10%Impact+5m+1h+4h+24h% up +1hn
US Consumer Price Index (CPI) small n3.4×36%High0.49%1.38%2.14%2.67%82%11
US Producer Price Index (PPI) small n3.0×27%Medium0.20%0.36%1.84%2.66%50%12
US retail sales small n2.6×20%Low0.14%0.43%1.65%2.54%36%11
Bank of England rate decision small n2.1×43%Low0.07%0.68%2.69%3.23%29%7
US Nonfarm Payrolls (NFP) small n2.0×18%High0.42%0.55%1.65%3.02%36%11
US initial jobless claims2.0×21%Low0.21%0.66%1.54%2.86%50%48
UK Consumer Price Index (CPI) small n1.2×10%Low0.11%0.49%1.20%2.70%70%10
FOMC rate decision small n0.9×14%High0.17%0.59%2.00%5.10%57%7
US PCE inflation (Personal Income and Outlays) small n0.6×10%Medium0.21%0.83%1.68%2.67%40%10
US GDP (advance estimate) small n––Medium0.46%0.87%1.18%2.67%50%4

Past releases, not a forecast. Typical sizes hide big differences between individual releases; open an event to see them all.

Backtest HYPE rules →HYPE seasonality →

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