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.
On September 8, US-listed XRP ETFs saw the largest inflows among 12 spot crypto fund groups, gaining $1.55 million, while only Hedera also recorded inflows. In contrast, Bitcoin, Ethereum, and Solana ETFs experienced significant outflows totaling $71...
Hyperliquid (HYPE) price held close to its all-time high of $89.57 after a volatile period that included an $820 million token unlock on September 6. Despite the large unlock, selling pressure was limited, supported by strong demand from the protocol...
Renzo Protocol has introduced Renzo Basis, an automated delta-neutral yield strategy on Hyperliquid, a high-volume on-chain perpetual futures exchange. The strategy involves executing basis trades by buying assets on the spot market and shorting perp...
Hyperliquid's total open interest reached $14.3 billion, nearly matching the $14.7 billion before the October 10, 2025 crash, when it had dropped 56% in a day. This recovery reflects a shift in market composition, with permissionless HIP-3 markets no...
Galaxy Digital and a whale transferred nearly $27.78 million worth of Hyperliquid (HYPE) tokens to exchanges, increasing supply pressure. Despite this, overall spot outflows remain negative, suggesting some accumulation. The price stays within a risi...
