Hyperliquid launched its HIP-4 upgrade on May 2, introducing native binary outcome contracts to its existing perpetuals exchange infrastructure. Within two weeks, it matched Polymarket's Bitcoin binary trading volume by leveraging its centralized limit order book and active market makers, bypassing the need for new liquidity pools. This rapid traction highlights Hyperliquid's infrastructure advantage and potential to disrupt established prediction markets, though regulatory risks remain due to its offshore structure. The platform's HYPE token benefits from increased trading activity and buybacks, fueling its ecosystem growth.
XRP is struggling near the $1 mark despite $116.74 million inflows into U.S. spot ETFs, with a potential drop to $1.05 unless a U.S. Senate vote on the CLARITY Act reverses the trend. Bitcoin, despite $1.26 billion in weekly ETF outflows, has held su...
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 20...
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...
