HYPE, the native token of decentralized exchange Hyperliquid, reached the top 10 in market capitalization, briefly surpassing Dogecoin. This rise is backed by over $1.16 billion in actual revenue and aggressive token buybacks that reduce supply and boost value. Hyperliquid processed $190 billion in trading volume in April 2026, capturing nearly 4% of the global perpetuals market. Institutional interest is growing, with firms like Grayscale and Bitwise endorsing the token amid rising demand for decentralized derivatives. However, the token's value depends heavily on sustained trading volume, which poses risks if the market slows down.
Hyperliquid's native token, HYPE, has overtaken Dogecoin in market capitalization, securing a spot among the top 10 cryptocurrencies globally as of May 2026. Trading near $69 with a market cap between $15.4 billion and $17 billion, HYPE's rise reflec...
Arthur Hayes, co-founder of BitMEX, predicts that Hyperliquid (HYPE) will surpass Solana (SOL) in market capitalization before the current cryptocurrency bull market ends. Despite Solana's market cap of about $47.7 billion compared to Hyperliquid's $...
Hyperliquid (HYPE) surged to a new all-time high of $70.36 in May, driven by steady demand and strong accumulation from large investors, or whales. Despite a brief profit-taking pullback to around $68-$69, buyers quickly absorbed the selling pressure...
HYPE, the native token of the Hyperliquid decentralized exchange, has overtaken Dogecoin in market capitalization, entering the top 10 cryptocurrencies globally. This shift reflects HYPE's price growth and institutional interest, including the launch...
Modest gains in Bitcoin and Ethereum caused a wave of short liquidations in crypto derivatives markets, with $4.9 billion in Bitcoin shorts and $5.6 billion in Ethereum shorts liquidated over 24 hours. This indicates heavy bearish positioning, making...
