Hyperliquid has reached a record $5.25 billion in open interest, surpassing competitors like Bybit and reinforcing its leadership in the perpetual Futures market. Trading volumes remain high, with $3.48 billion processed in the last 24 hours and $196 billion monthly, indicating strong trader engagement and sustained position holding. The platform's revenue model is growing through token burns, buybacks, and recurring fees, with over $643,000 in HYPE tokens burned recently and significant protocol revenue generated. Continued high trading activity and open interest are key to maintaining Hyperliquid's market position and enhancing long-term value for token holders.
Hyperliquid's token (HYPE) has dropped nearly 20% in 30 days, with whales unstaking and selling on centralized exchanges. A key price level at $52.38 could trigger a wave of forced liquidations, increasing short-term sell pressure. Despite this, the ...
The crypto market is unusually quiet today, with minimal hourly price changes among the top 15 assets. Despite this calm, the year-to-date performance shows significant losses, with Bitcoin down 28% and most large-cap coins losing between a third and...
Hyperliquid has introduced the HIP-4 testnet phase, allowing developers to deploy standardized outcome markets by staking 100 HYPE without auctions or gas fees. This update expands market creation beyond validators using approved templates to reduce ...
The 30-year U.S. Treasury yield hit its highest level since 2007, making bonds more attractive and drawing capital away from riskier assets like cryptocurrencies. This shift has contributed to a significant drop in crypto market value, with Bitcoin l...
Hyperliquid launched permissionless HIP-4 deployments on its testnet, enabling developers to create prediction markets beyond sports. Despite this innovation, HYPE token dropped nearly 2% to about $54.70, falling below the $55 support level due to br...
