Hyperliquid, a decentralized exchange, has reached a record 6.9% share of the aggregate perpetual futures open interest, rivaling centralized platforms like Binance and Bybit. This growth is driven by its permissionless markets launched in October 2025, allowing trading of real-world asset futures such as gold, oil, and S&P 500. Hyperliquid now commands over 70% of on-chain perpetual futures volume within decentralized exchanges, with its native token HYPE rising significantly. While this marks a major shift in crypto trading, investors should be aware of risks including market concentration and regulatory uncertainties related to real-world asset trading.
Hyperliquid’s native token HYPE has reached a new high of $64.23, fueled mainly by the protocol’s built-in buyback system that uses trading fees to repurchase tokens. Since launch, over $1.16 billion in trading fees have been funneled into the Assist...
Hyperliquid's token price paradoxically rose to new highs above $63 despite a 25% drop due to dilution and token unlock concerns. The market values Hyperliquid more like a revenue-generating exchange than a typical DeFi token, driven by strong perpet...
Hyperliquid's crypto-linked ETF has attracted over $11 million in inflows and $40 million in trading volume, reflecting growing institutional interest. The ETF's structure and transparency have boosted confidence, positioning Hyperliquid as a maturin...
On Bitcoin Pizza Day, Bitcoin's price briefly rose to $77.8k, pushing the altcoin market cap above $1 trillion. However, this momentum was short-lived as a crypto market sell-off followed, causing most altcoins to decline. Only a few tokens, includin...
Hyperliquid's HYPE token surged to a new high following the launch of two ETFs in the U.S., driven by European traders seeking access to perpetual futures. Analyst Michael van de Poppe highlights Hyperliquid's role in accelerating tokenization trends...
