Hyperliquid (HYPE), a decentralized exchange token, has gained 147.4% year-to-date in 2026, rising from $25 to $61.86. This performance far exceeds Bitcoin and Ethereum, which declined over the same period. HYPE's success is driven by its high-performance Layer-1 blockchain optimized for decentralized perpetual futures, institutional interest including ETFs, and a major short squeeze event. With strong technical momentum and nearly $900 million in annual revenue, HYPE is positioned for continued growth.
Wintermute, a market maker, has taken a heavily short-biased position on the Hyperliquid trading platform, holding about $93 million in short positions versus $5.12 million in longs. The largest short is on Ether (ETH) valued at $47.19 million, with ...
Wintermute currently holds about $126 million in short positions on the Hyperliquid platform, including $46.92 million in Ether (ETH), $11.3 million in Solana (SOL), and $10.03 million in HYPE tokens. As of September 28, the wallet shows nearly $963,...
Pump.fun generated $322 million in revenue in 2026, making it the second highest crypto project by revenue behind Hyperliquid. Its income mainly comes from token creation and trading fees on its memecoin launchpad. The project also reduced token supp...
Hyperliquid purchased and permanently burned 10,400 HYPE tokens in the last 24 hours, spending about $956,800 at an average price of $91.97 per token. This brings the total HYPE tokens burned by the protocol to 48.96 million, representing 4.9% of the...
A cryptocurrency address that previously earned about $2.03 million trading Zcash has reopened a long position worth approximately $12.5 million on September 25. The address purchased 7,882.7 Zcash tokens at an average price of $1,545.26, slightly hi...
