HYPE Crypto Price Breaks $90 as Hyperliquid Adds Manual Borrows

Key Insights

• Hyperliquid (HYPE) crypto price breaks $90 to set a new all-time high, surpassing its previous record of $89.66.
• Hyperliquid expands HyperCore borrowing, with more than $400 million in supplied liquidity available from launch.
• Hyperliquid says its modular design can isolate borrowing risk while giving builders infrastructure to create new onchain financial applications.

The HYPE crypto price reached a new all-time high on Sept. 18, 2026, as Hyperliquid continued expanding beyond derivatives trading with a new lending function that lets users borrow USDC and USDT against HYPE or Bitcoin.

The rally coincided with a product update from the Hyperliquid team. Jeff, a core contributor posting as @chameleon_jeff, detailed the launch of manual borrows on the platform.

Portfolio margin and manual borrows share the same HyperCore infrastructure. At the time of the announcement, $269 million in assets had already been borrowed.

Users can now supply HYPE and BTC as collateral to borrow USDC or USDT. Borrowed assets pay interest while supplied quote assets earn interest.

Rates adjust according to utilization. Jeff framed the feature as part of a broader design philosophy.

HYPE Crypto Price Prints Fresh ATH