Hyperliquid's spot ETFs, launched in mid-May with strong inflows peaking at $280 million, have experienced nearly $30 million in net outflows as of early August. The decline follows increased competition from other altcoin ETFs and a cooling market sentiment, causing HYPE's price to drop about 13% from June highs. Despite a unique buyback mechanism funded by trading fees, which supports HYPE tokens, investor interest has shifted, highlighting the competitive and volatile nature of altcoin ETFs. Investors should monitor fund flows, trading volumes, and new ETF launches to gauge future trends.
Hyperliquid announced a 3x fee increase for its HIP-3 tokenized asset perpetuals, replacing the current 90% discount as the market matures. This fee hike, targeted at specific assets, aims to boost revenue shared between deployers and the protocol, w...
The crypto market is mostly flat today with Bitcoin trading around $64,387, up slightly by 0.13%. Despite the calm, most major cryptocurrencies have lost significant value this year, with Ethereum down 35.76% and Bitcoin down 26.43%. Only a few coins...
Bitcoin held steady above $64,600, supported by buyers after a recent dip, while other major cryptocurrencies showed mixed performance. The market's attention is also on SpaceX, where $101 billion worth of stock becomes tradable as the first lockup e...
Hyperliquid's HYPE token surged 79.2% in Q2 2026, reaching a record $76.90 despite a 14.1% drop in Bitcoin. The protocol reported a 93% outperformance over Bitcoin, driven by recovering revenue and higher trading volumes, with annualized revenue hitt...
XRP has seen a decline in ETF inflows for the second consecutive month, with net inflows nearly turning negative in July. Trading volumes have dropped significantly, indicating weak market interest, and on-chain data suggests a distribution phase whe...
