CoinCodex sees HYPE downside as Hyperliquid value contracts
CoinCodex projects a five-day decline for HYPE while the token and Hyperliquid’s on-chain value are already lower over the past week.
CoinCodex projects a five-day decline for HYPE while the token and Hyperliquid’s on-chain value are already lower over the past week. Hyperliquid (HYPE) is trading at $62.54, down 5.4% since this brief published. This is an original TLT brief based on reporting by CoinCodex, with live market data added, as of Sat, 14 Nov 2026 23:00:04 UTC.
The forecast arrives alongside falling token prices, declining TVL and extreme fear across the broader crypto market, putting the credibility of the projected target and the resilience of Hyperliquid activity in focus.
- CoinCodex targets $57.04 for HYPE over five days
- HYPE trades at $66.11, down 8.88% over 24 hours
- Hyperliquid TVL fell 9.3% over seven days
- Crypto market fear remains at extreme-fear levels
- Hyperliquid outlook extends into 2026 as HYPE faces a weekly pullback
- Hyperliquid Burns 28,520 HYPE as Token Tests $70 Support
- CoinCodex sees HYPE downside as Hyperliquid value contracts — this brief
- Bittensor forecast meets rising fear as TAO-linked value contracts
- Hyperliquid derivatives activity reaches record as HYPE trades near $74
- Hyperliquid Holds Above $68-$70 Support as HYPE Tests Its Key Range
- Hyperliquid Fees Reach $4.1M as HYPE Remains Under Pressure
CoinCodex’s forecast points to a lower price for 
Hyperliquid’s HYPE token, with a stated target of $57.04 and a projected decline of 19.87% over the next five days. The supplied headline identifies November 17, 2026 as the target date. This is an analytical projection rather than a confirmed development or a realized market outcome.
The broader CoinCodex summary applies the same short-horizon downward direction to several assets: Bittensor is projected to fall 22.65% to $162.34, 
Canton to decline 23.29% to $0.069975 and 
Uniswap to lose 12.52% to $5.10. These additional forecasts place the Hyperliquid projection within a wider set of expected altcoin weakness, although the supplied material does not include the model assumptions behind them.
The two listed outlets do not independently corroborate the Hyperliquid call. CoinCodex carries the HYPE target and also publishes the forecasts for TAO, CC and UNI, while Crypto.news separately discusses Kalshi, Polymarket, Probly, Limitless and Manifold as prediction-market platforms. That Crypto.news summary is thematic rather than evidentiary for this particular token forecast, and it supplies no competing HYPE target.
Verified market indicators already show a contraction. HYPE is priced at $66.11, down 8.88% over 24 hours and 14.80% over seven days, while DeFiLlama reports Hyperliquid TVL of $1.64B, down 9.3% over seven days. DeFiLlama also records Uniswap TVL of $3.18B after an 11.7% weekly decline and Bittensor TVL of $341.36M following a 14.1% drop.
The wider context is risk-off: total crypto market capitalization stands at $2.29T, 
Bitcoin is down 4.20% over 24 hours and the Fear & Greed index is 13, labeled extreme fear. The immediate items to monitor are HYPE’s price relative to CoinCodex’s $57.04 target and whether Hyperliquid’s $1.64B TVL stabilizes; the cited forecast itself does not establish that either outcome will occur.
Since this brief published about 2 days ago, Hyperliquid (HYPE) has moved from $66.11 to $62.54 — -5.40%, a notable move.
The chart plots HYPE's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from TLT's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 HYPE ≈ ₦88,337.75 (about $62.54), down 13.0% over 24 hours. The naira itself trades about 4.4% above the official rate on the P2P market, so a Nigerian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the assets in this story — live, source-stamped, updated every 15 minutes.
Figures and sectors in this story, checked live against on-chain aggregators · November 14, 2026.
TLT reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.
CoinCodex sees HYPE downside as Hyperliquid value contracts — questions & answers
What price target did CoinCodex give for HYPE?
CoinCodex projected a 19.87% five-day decline to $57.04 per HYPE. The supplied headline dates the target to November 17, 2026.
Did Crypto.news independently confirm the Hyperliquid forecast?
No. Its supplied summary covers prediction-market platforms and provides no HYPE target or assessment of CoinCodex’s projection.
What on-chain and market data accompany the forecast?
Hyperliquid TVL is $1.64B, down 9.3% over seven days, while HYPE trades at $66.11 after falling 8.88% over 24 hours. The broader Fear & Greed index is 13.
How much is 1 Hyperliquid worth in naira today?
About ₦88,337.75 at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $62.54. The naira price moves with both HYPE's US-dollar price and the USDT/NGN rate; use our Hyperliquid in naira page for any amount.
Has Hyperliquid's price moved since this brief was published?
HYPE is down 5.40% since this brief first published — trading at $62.54 now versus $66.11 at publication. TLT re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original TLT brief that synthesises reporting from CoinCodex. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original TLT brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.