Hyperliquid has launched its HIP-4 event contracts, marking its entry into the prediction market with 6.05 million contracts traded on the first day, capturing about 0.7% of the market share. The HYPE token is trading near $41.64, consolidating below resistance levels of $42.50 to $44.00, with mixed technical signals showing mild bullish momentum but some bearish pressure. Hyperliquid operates a layer-1 blockchain focused on high-frequency trading, offering perpetual futures, spot trading, lending, and borrowing, with part of trading fees used to buy back and burn HYPE tokens, linking exchange activity to token value. The launch adds a new product to Hyperliquid's ecosystem and positions it as a notable player in the prediction market space.
Hyperliquid (HYPE) has rallied strongly to retest its all-time high of $76, driven by the launch of three U.S.-listed ETFs and improved market sentiment following the end of the U.S.-Iran conflict. Trading volumes surged 140% to $2 billion, reflectin...
Crypto analyst Kevin Capital forecasts the next cryptocurrency bull cycle will surpass the previous one, with altcoins set to outperform Bitcoin after years of lagging behind. He notes that macroeconomic shifts, including the end of the Federal Reser...
On June 16, the digital asset HYPE surged over 11% to a record high of $76.90, recovering from a recent dip to $53. This rally was driven by Hyperliquid's active buybacks and increased trading volume, especially after the SpaceX IPO, which highlighte...
Hyperliquid's native token, HYPE, has surged to a new all-time high of around $75, up from lows near $4 in late 2024. This rise reflects growing market confidence and increased trading volume, with a 51% chance projected for HYPE to reach $100 by the...
Hyperliquid's HYPE token reached a new all-time high of $75.96 amid heavy trading in SPCX-USDC, a perpetual futures contract that tracks SpaceX's implied valuation. Since its launch in May, SPCX has seen over $100 million in open interest, driven by ...
