Hyperliquid's HYPE jumps 27% as HIP-3 volume shifts to metals on January 27, 2026

On January 27, 2026, Hyperliquid's HYPE token rose more than 27% to as high as $27.61, approaching a one‑month range top. At the same time, HIP-3 activity rotated from crypto pairs toward silver, gold, and selected stocks, with aggregate open interest across Hyperliquid near $7.21B and HIP-3 posting $816M in OI and $18.69B in past‑month volume.