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Ex-Binance CEO praises Hyperliquid's no-KYC model but won't replicate it due to compliance risks.

Market News
09 Jul 2026
Crypto Briefing
View Source
Bullish
pluang ai news

Changpeng "CZ" Zhao, former Binance CEO, praised Hyperliquid's no-KYC perpetual futures trading model on a podcast but stated he would never adopt it due to his own prison experience from Binance's compliance failures. Hyperliquid operates a decentralized Layer-1 blockchain allowing instant trading without identity checks, handling hundreds of billions in monthly volume by 2025. However, its governance is concentrated, with 24 validators and the Hyper Foundation controlling 60% of the stake, raising regulatory risk concerns. Investors should watch for regulatory actions or governance changes that could impact the platform's decentralization and risk profile.

More News (HYPE)

Hyperliquid's HYPE token joins Bitwise 10 Crypto Index ETF, replacing DOT and AVAX.

Hyperliquid's HYPE token joins Bitwise 10 Crypto Index ETF, replacing DOT and AVAX.

Bitwise has added Hyperliquid's HYPE token to its Bitwise 10 Crypto Index ETF (BITW), replacing Polkadot (DOT) and Avalanche (AVAX) following a monthly rebalancing. HYPE's strong trading volume and market growth, including a 165% year-to-date gain an...

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Hyperliquid launches S&P 2.0, enabling leveraged crypto index perpetual contracts on its blockchain.

Hyperliquid launches S&P 2.0, enabling leveraged crypto index perpetual contracts on its blockchain.

Hyperliquid has introduced S&P 2.0, a new product allowing traders to take leveraged long or short positions on crypto index perpetual contracts directly on its layer-1 blockchain. Unlike its earlier S&P 500 perpetuals tied to traditional equities, S...

Market News
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Hyperliquid burns 16% of HYPE tokens as US stock perpetuals boost trading volume

Hyperliquid burns 16% of HYPE tokens as US stock perpetuals boost trading volume

Hyperliquid, a decentralized perpetual futures exchange, has burned 16% of its HYPE token supply in under two years, driven by rising volume from US stock perpetuals. These stock-linked perpetuals have become some of the most traded pairs on the plat...

Protocol Fundamentals
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1 day ago
Hyperliquid's HYPE token stays near all-time high despite $6.5B outflows from Bitcoin ETFs

Hyperliquid's HYPE token stays near all-time high despite $6.5B outflows from Bitcoin ETFs

While U.S. spot Bitcoin ETFs have seen over $6.5 billion in outflows since May, Hyperliquid's native token HYPE has remained resilient, trading near its all-time high. This strength is supported by three U.S.-based HYPE ETFs that offer brokerage acce...

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Selective inflows boost Solana, Hyperliquid, and Hedera spot altcoin ETFs amid cautious market.

Selective inflows boost Solana, Hyperliquid, and Hedera spot altcoin ETFs amid cautious market.

U.S. spot altcoin ETFs saw limited overall inflows, with fresh investments focused mainly on Solana, Hyperliquid, and Hedera products, signaling selective institutional interest. Solana and Hyperliquid ETFs each recorded over $8 million in net inflow...

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