The HYPE token surged over 19% following President Trump's announcement that the Commodity Futures Trading Commission (CFTC) is working to bring Hyperliquid, a perpetual futures trading platform, into the U.S. market in a compliant manner. Currently operating offshore and excluding U.S. traders, Hyperliquid's entry would require regulatory compliance with U.S. laws. The announcement came during a White House cryptocurrency summit attended by major industry leaders. The CFTC's upcoming meeting will discuss integrating offshore platforms like Hyperliquid into U.S. regulations, signaling potential growth and formalization of crypto derivatives trading in the U.S.
A wallet linked to Wintermute has built $126.25 million in short positions on Hyperliquid, with Ethereum short exposure at $46.92 million, followed by Solana and HYPE positions exceeding $10 million each. These shorts come as major cryptocurrencies l...
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...
