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Hyperliquid's HYPE token soars 94% as platform expands beyond crypto into global financial markets.

Market News
06 Jun 2026
CoinMarketCap
View Source
Bullish
pluang ai news

Hyperliquid, a decentralized trading platform launched in 2023, has seen its native HYPE token rise 94% in three months, driven by expansion from crypto perpetual futures into commodities, forex, prediction markets, and stablecoin services. The platform's 24/7 trading and permissionless market creation attract investors and asset managers launching ETFs tied to HYPE. With trading volume surging to $2.9 trillion in 2025 and new revenue streams from partnerships like Coinbase, Hyperliquid aims to become a major financial exchange. However, it faces regulatory scrutiny and competition from traditional and crypto markets as it seeks to sustain growth.

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