Hyperliquid has introduced the HIP-4 testnet phase, allowing developers to deploy standardized outcome markets by staking 100 HYPE without auctions or gas fees. This update expands market creation beyond validators using approved templates to reduce duplicate contracts. Meanwhile, HYPE price has declined below $55, testing support between $52 and $54, pressured by increased whale transfers to institutional platforms. The protocol burned about 26,080 HYPE tokens worth $1.43 million in 24 hours, with fees reaching $1.47 million, supporting ongoing token buybacks and burns. The mainnet launch date remains unconfirmed, with future broader participation dependent on testnet results and validator feedback.
Hyperliquid (HYPE) price pulled back about 6.4% from its August 27 record high of $86.71, trading near $81 on September 2. Despite this short-term dip, technical indicators like the 4-hour Supertrend and daily Bollinger Bands suggest the broader uptr...
Hyperliquid Strategies expanded its equity financing facility with Chardan Capital Markets from $1 billion to $2.5 billion, allowing it to sell new shares over time to fund purchases of HYPE tokens. The company holds about 29.3 million HYPE tokens wo...
Multicoin Capital transferred 261,555 Hyperliquid (HYPE) tokens worth about $21.7 million to Coinbase Prime in three batches, raising concerns about increased sell-side liquidity from institutional investors. Although deposits to Coinbase Prime often...
Hyperliquid's HYPE token increased by 1.29% to about $83 following its inclusion in Hashdex's Nasdaq CME Crypto Index ETF (NCIQ), where it holds a 3.36% allocation among nine assets. Concurrently, Hyperliquid Strategies expanded its equity financing ...
Hyperliquid Strategies has expanded its equity purchase agreement with Chardan Capital Markets from $1 billion to $2.5 billion, increasing its financial capacity for corporate activities like buying HYPE tokens. The HYPE token is near record highs ar...
