Kraken introduced kHYPE, a token backed 1:1 by Hyperliquid (HYPE), enabling its use as collateral in DeFi on the Ink platform. This fully collateralized token encourages liquidity movement between Kraken and Ink without redemption fees. Meanwhile, a whale investor staked 1.89 million HYPE tokens, removing them from the market and signaling strong confidence. Although HYPE ETFs hold $464 million in assets, some outflows suggest profit-taking but no immediate concern for institutional demand. These developments could drive broader adoption and ecosystem growth for Hyperliquid.
Bitwise CIO Matt Hougan predicts Bitcoin, Solana, Hyperliquid, and Uniswap will benefit greatly from the growing tokenization of real-world assets (RWA) like stocks and bonds. The total value of tokenized assets has surged to $31.73 billion, reflecti...
Hyperliquid has integrated with BitGo's self-custody hot wallets using WalletConnect, allowing institutional clients to trade perpetual futures more efficiently. This integration eliminates the need for signing each transaction or paying onchain gas ...
On September 8, US-listed XRP ETFs saw the largest inflows among 12 spot crypto fund groups, gaining $1.55 million, while only Hedera also recorded inflows. In contrast, Bitcoin, Ethereum, and Solana ETFs experienced significant outflows totaling $71...
Hyperliquid (HYPE) price held close to its all-time high of $89.57 after a volatile period that included an $820 million token unlock on September 6. Despite the large unlock, selling pressure was limited, supported by strong demand from the protocol...
Renzo Protocol has introduced Renzo Basis, an automated delta-neutral yield strategy on Hyperliquid, a high-volume on-chain perpetual futures exchange. The strategy involves executing basis trades by buying assets on the spot market and shorting perp...
