Hyperliquid, known for its decentralized perpetual futures platform with over $5.5 billion in total value locked, has introduced canonical prediction markets for real-world offchain events. These markets are resolved by automated software run by its validator network, eliminating the need for third-party oracles and keeping the process fully decentralized. This innovation positions Hyperliquid as a direct competitor to Polymarket, the leading crypto prediction market, by embedding outcome resolution into the validator layer itself. The platform continues to grow with $170.29 billion in 30-day perpetual futures volume and $72.4 million inflows into its HYPE ETFs in the first week, signaling strong investor interest and ecosystem expansion.
Hyperliquid has enabled borrowing of USDT stablecoin on its testnet, expanding its portfolio margin system beyond USDC. This allows traders to borrow USDT against their HYPE token collateral within a unified account for both spot and perpetual trades...
Privacy-focused cryptocurrencies Zcash and Monero dropped 5.2% and 4% respectively amid renewed Middle East tensions following US strikes on Iran. The pullback is seen as profit-taking after recent gains driven by institutional interest in privacy to...
Garrett Jin has increased his holdings of Hyperliquid's native token HYPE to 184,200 tokens, even as his combined unrealized losses on a long Bitcoin position and a short Zcash position exceed $1.7 million. This move indicates strong conviction in HY...
Shiba Inu (SHIB) is struggling below key support levels, risking a deeper decline unless it recovers above $0.00000600. XRP faces bearish pressure near $1.30 support, with a possible breakdown if it fails to hold this level. Hyperliquid (HYPE) has su...
Bitcoin ETFs experienced significant outflows totaling $1.26 billion last week, led by Blackrock's IBIT with a $1 billion withdrawal, reflecting broad institutional de-risking. Ether ETFs also saw $216 million in outflows, continuing a downward trend...
