HyperLabs released 433,025 HYPE tokens worth about $23.46 million, transferring them to exchanges like OKX and Bybit, with some tokens swapped to USDC on Hyperliquid. This token unlock coincides with a 43% decline in the protocol's gross revenue from $357 million in Q3 2025 to $202 million in Q2 2026 and a HYPE price drop from $77 in June to around $54.60 in August. Despite growing trading volume and record open interest, revenue has fallen due to the HIP-3 fee-sharing mechanism, which now accounts for 18% of gross revenue. The market is watching how these token movements and revenue trends will impact Hyperliquid's future performance.
Bitcoin surged above $65,000, gaining nearly 3% over the week, driven by a weak US jobs report that reduced concerns about further Federal Reserve rate hikes. Other major cryptocurrencies like ether, BNB, and Solana also posted gains, while XRP lagge...
Hyperliquid (HYPE) price has dropped from its June-July highs and is now trading near a critical support zone around $50-$51. The price faces resistance at $56-$57 and $61-$62, with a breakout above $61 needed to confirm the end of the recent correct...
Shiba Inu (SHIB) remains in a downtrend despite a recent rebound, struggling to hold above $0.00000500. Solana (SOL) attempts stabilization near $76 but faces resistance around $78-$79. Hyperliquid (HYPE) trades near critical support at $54, needing ...
Bitcoin's price fell marginally by 0.26% to around $64,800, while Ethereum edged up 0.09% to about $1,917, reflecting a cautious market mood. Crypto derivatives volume plunged over 51%, signaling reduced leverage and fewer short-term bets, while stab...
Hyperliquid (HYPE) spot ETFs reversed a three-week outflow streak by gaining $2.84 million in net inflows for the week ending August 7, bringing total inflows since launch to about $280.8 million. This recovery coincides with a broader crypto ETF reb...
