Hyperliquid adds 10 HYPE rule as price falls to $78.98

Summary

Hyperliquid has put revised order priority rules live on testnet following trader feedback, with no confirmed date for mainnet. The headline change requires a minimum delegated balance of 10 HYPE for accounts that want to use IOC and ALO priority fees. Mempool priority would also be limited to accounts using Standard abstraction, and accounts that directly submit CoreWriter operations would get lower priority. Activity other than order placement, modification or cancellation would also reduce an account's transaction priority until confirmation. HYPE traded near $78.98, making 10 HYPE worth about $789.80, after falling over the previous seven days.

Key points

• The 10 HYPE rule applies to priority fee features, not to placing ordinary orders.
• Hyperliquid's docs say each basis point of IOC priority fee cuts about 45 milliseconds, up to eight basis points.
• Cancellation requests keep priority over immediately executable orders, even those paying priority fees.
• The new delegation threshold has not yet appeared in Hyperliquid's public documentation.

Why it matters: Low-latency traders on Hyperliquid may soon need to stake HYPE to keep using priority fees.