Hyperliquid's HIP-3 commodity markets, once booming due to West Asia crisis-driven demand, now face a crisis. The market is dominated by TradeXYZ, controlling over 90%, making it hard for smaller deployers to compete and recover their costs, which can take up to 4 years. This concentration raises regulatory and structural risks for Hyperliquid. Blockworks Research suggests lowering launch costs and allowing smaller deployers to keep full revenue until costs are recovered to foster a more decentralized and sustainable market.
Bitwise has updated its Bitwise 10 Crypto Index ETF by removing Polkadot (DOT) and Avalanche (AVAX), replacing them with Hyperliquid (HYPE) and Stellar (XLM). HYPE, now the 10th largest crypto by market cap, faces potential dilution risk due to 78% o...
Bitwise updated its Bitwise 10 Crypto Index ETF by removing Avalanche (AVAX) and Polkadot (DOT) and adding Stellar (XLM) and Hyperliquid (HYPE). This change reflects a shift toward crypto assets with strong revenue, as Hyperliquid has shown impressiv...
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...
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 decentra...
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...
