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HYPE, UNI and WLD Rise as Broader Crypto Market Cools

Hyperliquid, Uniswap and Worldcoin posted double-digit gains Tuesday while bitcoin and much of the crypto market drifted lower. The moves reflected continued trader interest in onchain exchanges, DeFi and AI-linked crypto themes.

What happened?

Hyperliquid, Uniswap and Worldcoin posted double-digit gains Tuesday while bitcoin and much of the crypto market drifted lower. The moves reflected continued trader interest in onchain exchanges, DeFi and AI-linked crypto themes.

Why it matters

Hyperliquid's HYPE, Uniswap's UNI and Worldcoin's WLD outperformed the broader crypto market on Tuesday, extending rallies even as bitcoin and most digital assets lost momentum after an early-week bounce. CoinDesk reported that all three tokens posted double-digit gains, making them among the week's standout performers.

Hyperliquid's HYPE, Uniswap's UNI and Worldcoin's WLD outperformed the broader crypto market on Tuesday, extending rallies even as bitcoin and most digital assets lost momentum after an early-week bounce. CoinDesk reported that all three tokens posted double-digit gains, making them among the week's standout performers.

The divergence matters because it shows traders continuing to favor specific narratives rather than moving uniformly with the wider market. In this case, the strongest demand centered on onchain trading infrastructure, decentralized finance and AI-linked crypto exposure, three themes that have remained active even as the broader market cooled.

HYPE climbed as much as 13% to a fresh record above $76 before trimming part of the move, according to the report. The token is now up nearly 200% in 2026. Hyperliquid runs a blockchain-based exchange for perpetual futures using an onchain order book, and investors have increasingly viewed it as a possible challenger to traditional exchanges, with ambitions extending into tokenized stocks, commodities and other assets.

Worldcoin's WLD rose 12%, taking its monthly gain to roughly 180%. The project, co-founded by OpenAI CEO Sam Altman, has become one of the market's more direct AI-linked crypto trades. CoinDesk said the token has benefited from renewed enthusiasm around AI-related investments, including attention on SpaceX and xAI as well as expectations around a possible future OpenAI public listing.

Uniswap's UNI added another 18% after Standard Chartered initiated coverage with a bullish long-term view on the decentralized exchange protocol. Geoffrey Kendrick, the bank's head of digital asset research, argued that DeFi could become one of crypto's largest growth areas as tokenized stocks, bonds and other traditional assets move onchain. He estimated that assets actively used in DeFi could rise 37-fold by the end of the decade and set a $100 price target for UNI by 2030.

Source: CoinDesk