Hyperliquid (HYPE) GEX — week of 28 Sep – 4 Oct 2026

Gamma flip, P1 and N1 from each daily snapshot (08:00 UTC), all expirations

Above the flip
6 of 7days in positive gamma
Flip range
60.68 – 90.61
Spot, week
+4.4%88.95 → 92.84

HYPE was above the gamma flip on 6 of 7 days and below it on 1. The flip ranged from 60.68 to 90.61. Spot went from 88.95 to 92.84 (+4.4%) by the next week's first snapshot. The median next-day move was 2.5% after positive-gamma days and 0.4% after negative-gamma days. The largest next-day move, +3.2%, followed the 30 Sep snapshot (positive gamma).

58.28 66.96 75.64 84.32 93.01 Mon 28 Tue 29 Wed 30 Thu 1 Fri 2 Sat 3 Sun 4
Spot Gamma flip · dots: positive / negative gamma

Daily snapshots

SnapshotSpotGamma flipSpot vs flipP1N1RegimeNext day
28 Sep 08:08 UTC 88.95 90.61 -1.9% 100.00 84.00 Negative -0.4%
29 Sep 08:03 UTC 88.56 60.78 +31.4% 100.00 77.50 Positive -2.7%
30 Sep 07:59 UTC 86.19 61.23 +28.9% 100.00 77.50 Positive +3.2%
1 Oct 07:56 UTC 88.92 60.68 +31.8% 100.00 77.50 Positive +1.0%
2 Oct 07:56 UTC 89.77 62.77 +30.1% 100.00 70.00 Positive -1.7%
3 Oct 07:55 UTC 88.28 63.39 +28.2% 92.50 70.00 Positive +2.2%
4 Oct 08:05 UTC 90.24 63.63 +29.5% 92.50 70.00 Positive +2.9%

"Spot vs flip": how far spot sat above (+) or below (−) the flip. "Next day": spot change to the next daily snapshot. P1 / N1: the strikes with the largest positive and negative gamma. How the levels are computed: methodology.

HYPE gamma exposure today

Today's flip, P1, N1 and max pain are on the HYPE GEX page. In the app the levels update every 15 minutes, and the Time Machine replays any past moment.

Open HYPE in GammaFlip →

Levels as published on each day from that day's options open interest; venue coverage has grown over time. Educational information, not investment advice.