Best Crypto Gainers Today, February 5 – MYX Finance, Hyperliquid, Lighter

Highlights:

• Hyperliquid’s price surge is driven by Ripple Prime’s institutional support and a strategic options collateral plan.
• MYX Finance maintains bullish momentum, breaking key resistance levels while showing strong price action.
• Despite market downturns, Lighter proves resilient, with growing TVL, an increasing user base, and rising revenue.

The crypto market crash deepens further as Bitcoin drops below $71K, dragging most altcoins in a market-wide selloff. The total market capitalization is down by 5.30% to $2.44 trillion. CoinGlass data shows that forced liquidations led to massive liquidations of over $850 million over the last 24 hours. 

Meanwhile, the Fear and Greed Index stands at 11, indicating extreme fear and caution among the investors. Despite the broad decline, several tokens have defied the trend to trade in green. In the section below, let’s discuss the best crypto gainers today, such as Hyperliquid, MYX Finance, and Lighter.

Best Crypto Gainers Today

1. Hyperliquid (HYPE)

Hyperliquid is currently trading at $34.78, with a surge of 4.50% over the last 24 hours. The altcoin is up 5% and 29% on the weekly and monthly charts, respectively. Despite the bullish outlook, both the market cap and trading volume have decreased by $8.80 billion and $790 million, respectively.

Hyperliquid’s price increase has been fueled by two main developments. Ripple’s institutional platform, Ripple Prime, introduced Hyperliquid support on Feb 4, allowing institutions to trade on-chain perpetuals and derivatives. A positive market sentiment was created by this integration, boosting HYPE despite the broad market pressure.

Hyperliquid, meet Ripple Prime: https://t.co/RZWdbRfHoe

We’re now enabling institutions to access onchain derivatives liquidity through @HyperliquidX in a streamlined and secure way. Customers can also efficiently cross-margin crypto with all asset classes supported by our prime…

— Ripple (@Ripple) February 4, 2026

Furthermore, Hyperion DeFi Inc., a publicly traded digital asset treasury, stated that it plans to use its HYPE holdings as options collateral. This strategy, based on the generation of income through options premiums and staking rewards, decreases the liquid supply of HYPE. The introduction of an on-chain options vault, in collaboration with the Rysk protocol, is expected to boost the price of the HYPE in the long run.

2. MYX Finance (MYX)

MYX Finance has continued its bullish rally as the price surged above the $6.16 mark. The altcoin is up by 4.30% on the daily chart, with a market capitalization of $1.54 billion. Its trading volume has also climbed to $28 million.

Technical indicators on the 4-hour chart display a robust bullish outlook for MYX’s price. MYX has formed an ascending pattern with a series of green candlesticks. The price has breached the middle Bollinger band at $5.93, heading to challenge the immediate resistance at $6.28. 

In addition, the 14-day Relative Strength Index (RSI) is hovering at 56 levels, indicating a neutral sentiment. This also suggests that the bullish momentum is not exhausted with a further journey toward the overbought region.

3. Lighter (LIT)

After declining by almost 50% over the last 30 days, Lighter is among the list of the best crypto gainers today. As of press time, LIT is exchanging hands around $1.55, with a gain of 1.50% over the past 24 hours. Moreover, its trading volume has surged by 16%, elevating the value to $65 million.

LIT is standing out as a resilient project in a bearish market where most altcoins are underperforming. Even during the downturn, it is growing, with total value locked (TVL) exceeding $1B and more than 600K cumulative users. Its open interest is gradually increasing, currently at $1.1B, whereas FX pairs have decreased significantly, indicating better stability.

In a market where everything is bleeding and $BTC keeps dragging sentiment lower, it’s honestly hard to find an altcoin that can stand its ground through a bear phase.

But I’m still placing my full conviction on @Lighter_xyz – $LIT.

Why? Because it’s one of the very few… pic.twitter.com/tSnwKtF1oJ

— Okada 🥷 ( beware scammers ) (@Okada_Research) February 5, 2026

The recent growth in the revenue projects to $1.8M, up from $1.3M, is an indicator of good performance. Technical analysis also indicates exhaustion in selling pressure, with the pullbacks being immediately purchased. These aspects demonstrate that LIT will thrive despite the overall market trends.