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.
Payward, Kraken's parent company, plans to become the first operator regulated by the Commodity Futures Trading Commission (CFTC) to offer perpetual futures markets on the Hyperliquid platform for eligible U.S. customers. This initiative will combine...
Payward, Kraken's parent company, aims to launch onchain perpetual futures markets for US clients using Hyperliquid's HIP-3 framework through its Bitnomial unit. Bitnomial will manage market administration and clearing, with NinjaTrader Clearing as t...
Hyperliquid (HYPE) increased by 3.08% within one hour, reaching a price of $80.39 on Binance's spot market. Over the same period, $290,000 worth of short positions were liquidated across Binance, Bybit, and OKX, while no long liquidations occurred. T...
Hyperliquid (HYPE) has been in a downtrend since early October, falling from $95 to around $76. Recently, a whale deposited 494,310 HYPE tokens worth $37.83 million into Coinbase, signaling potential selling pressure. Despite exchange outflows sugges...
A Hyperliquid trader maintained a 10-times-leveraged long position in 26,000 HYPE tokens valued at $1.99 million, alongside separate buy orders for 23,500 more tokens worth about $1.7 million. The trader has accumulated a total profit of $3.94 millio...
