Hyperliquid, a decentralized exchange on its own Layer-1 blockchain, has launched perpetual futures contracts for the meme token Useless Coin ($USELESS) with a maximum leverage of 3x. This conservative leverage cap contrasts with up to 50x allowed on Bitcoin perps, reflecting the token's high risk and speculative nature. Useless Coin, launched in 2025 on Solana, has no roadmap or partnerships, yet commands a market valuation near $300 million. The listing highlights the expanding infrastructure for meme coin derivatives, which now see over $100 million in open interest across platforms, serving both speculative traders and liquidity providers hedging their exposure.
On September 8, 2026, South Korea's largest crypto exchange Upbit added three new tokens: Cluster Protocol's CP, Hemi network's HEMI, and the meme token USELESS. CP launched with KRW, BTC, and USDT trading pairs, allowing Korean investors to buy dire...
Useless Coin (USELESS) hit a 10-month high of $0.286 after rallying 300% in a week, driven by strong buying and new holders. Despite intense buying pressure and positive momentum indicators, the rally may be overextended, suggesting a potential pullb...
Solana memecoin USELESS experienced a sharp rally, gaining over 60% in 24 hours and briefly overtaking BONK in market capitalization, reaching around $230 million. This surge was driven by a spike in both spot trading ($167 million) and an unusually ...
Useless Coin surged 36% to reach a 10-month high of $0.158, driven by renewed interest from a potential airdrop and social media buzz. The token added 5,000 new holders in a week, with buy pressure coming from both retail and whale investors, pushing...
