Hyperliquid is a layer one (L1) blockchain built around decentralized trading, with its flagship platform designed primarily for perpetual futures and spot markets. The ecosystem extends well beyond its decentralized exchange (DEX), supporting additional services such as borrowing and lending, real-world asset (RWA) tokenization, and a fully integrated Ethereum Virtual Machine (EVM) environment that allows Ethereum-compatible smart contracts to run on the network. The network operates on a proof-of-stake (PoS) consensus mechanism and functions as a smart contract platform, positioning it as a broad infrastructure layer for decentralized finance (DeFi) rather than a single-purpose application. HYPE is the network's native token, with a capped maximum supply of 1 billion. Within the Hyperliquid ecosystem, the token serves governance and utility functions tied to the operation of the chain and its associated exchange-based activities.
Grayscale has set a 0.29% annual management fee for its upcoming Hyperliquid ETF, positioning itself below competing…
Bitcoin absorbed a record $1.44B weekly redemption while Strategy sold BTC for the first time in 3.5 years — and only five altcoins managed to draw in more than $1M as Iran-Israel tensions drove a…
Strategy offloaded roughly $2.5M of BTC, ending an accumulation streak that defined the corporate-treasury trade — but Bitmine, Strive and a handful of others are still buying while peers liquidate…
A packed cliff calendar led by HYPE, H, SUI and APT meets heavy linear unlocks on SOL, WLD and TRUMP — supply pressure meets an already cautious tape.
Bitwise has added another 336,474 HYPE tokens — worth approximately $24.43 million — to its holdings within a 12-hour…
A freshly created wallet (0x6436) withdrew 126,739 HYPE tokens — worth approximately $9.33 million — from four major…
The macro overhang masks a split tape: spot ETFs bled a record $2.97B over ten days, but futures basis and stable OI point to institutional risk appetite quietly stabilizing underneath.
Ten straight sessions of redemptions — headlined by a $733M single-day exit on May 27 — broke the prior record of eight sessions set earlier this year, even as global equities ripped on the…
A third straight week of redemption pressure hit spot BTC and ETH vehicles simultaneously, while SOL, XRP and HYPE products quietly printed inflows — the divergence is the story.
The trade reads more like a leveraged directional bet on $HYPE than a market call — two consecutive 10x longs, both held into strength, both still open on the second.
The 5x leveraged position was underwater for months before HYPE's push to fresh all-time highs carried it into a nine-figure paper gain — a reminder of how far asymmetric upside can run when…
HODL conviction is rebuilding on the holder-side data while a DeFi perps venue outpaces Nasdaq on throughput — a stack of structural signals pointing to where the next leg of crypto flows could land.
The wallet takes 31.8% of the top-10 builder pool — and does it on a 0% builder fee, undercutting MetaMask's 0.1% by an order of magnitude in share terms.
BitMEX co-founder Arthur Hayes has publicly predicted that HYPE, the native token of the Hyperliquid decentralized…
The author maps HYPE's breakout to Chainlink's 2019 price-discovery run, framing it as a leading indicator sitting at the confluence of PMI expansion, S&P 500 highs, copper-gold flipping, and the end…
Wall Street is no longer treating Hyperliquid as just another perp DEX — $800M in 2025 revenue and $2.9T in onchain volume put it on a collision course with CME, Kalshi and the tokenized-equities…
The critique from one of crypto's most cited VCs lands on decentralization, not throughput — and on a partnership appetite that excludes any legitimate U.S. counterparty.
A single wallet tied to Andreessen Horowitz has now accumulated roughly $192.6M in HYPE across six weeks of steady buying at a ~$49 average — a position size that puts one address in the same league…
An early $HYPE wallet is taking profit nine hours after withdrawing 500K tokens from Hyperliquid — and the move lands right as price broke above $67 to a new all-time high.
Sprecher's framing lands less as a market-cap claim and more as a regulatory challenge: 70% of decentralized perps flow, weekend oil trading ICE can't touch, and a clear ask for Dodd-Frank to either…
Where Zipp's editorial desk has weighed in on this token.
Bitcoin holds $64K while a Fed split, a Coldcard drain, and fading CLARITY Act odds test a sentiment already sitting in fear.
A 594 BTC hardware-wallet drain, three Fed hawks, and an ETF rebound driven almost entirely by BlackRock. The bid is thinner than the tape suggests.
A landmark Wall Street push into BTC, ETH and SOL lands on the same day ETF flows flirt with record lows. The contradiction is the story.
Wall Street's biggest bank just turned crypto into an around-the-clock product while three Fed officials push for rate hikes and ETFs bleed. The crowd is watching the wrong movie.
Morgan Stanley just opened the ETF door for ETH and SOL. Citadel is betting on a 25 bp surprise. The crowd is reading the same tape and seeing two different movies.
Galaxy slashed the bill's passage odds to 30%, the Senate keeps its calendar thin, and the market treats the wobble as cover, not yet a verdict.
Hyperliquid is a layer one (L1) blockchain best known for perpetual futures and spot trading.
Hyperliquid (HYPE) is categorised as: Decentralized Exchange (DEX), Smart Contract Platform, Exchange-based Tokens.
The official Hyperliquid site is https://app.hyperliquid.xyz/trade.
Most recent Hyperliquid coverage: "Grayscale undercuts rivals with 0.29% fee on Hyperliquid…" — read at /en-US/a/grayscale-undercuts-rivals-with-029-fee-on-hyperliquid.
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