Hyperliquid is trialing a KYC feature with an allowlist that restricts trading to approved addresses, signaling a move toward regulated trading access in the U.S. This mirrors Uniswap's recent introduction of permissioned pools for regulated tokens. The initiative likely aims to comply with U.S. regulations and separate U.S. users from offshore liquidity pools. Despite concerns about TradeXYZ's dominance on the platform, its CEO reassures users about the ecosystem's strength. The KYC step could mark a broader trend of decentralized exchanges adapting to regulatory demands.
Hyperliquid's native token HYPE has lost about 24% in the last 30 days, mainly due to persistent selling by institutional investors like Multicoin Capital and Bitwise, who have transferred large amounts of HYPE to exchanges. This selling pressure has...
Grayscale Investments highlights that the HYPE token, linked to the Hyperliquid protocol, still appears attractively priced relative to publicly traded fintech companies despite significant price gains earlier this year. The token's value is assessed...
Hyperliquid's HYPE token fell below $55 amid heavy institutional selling, but Grayscale values it as undervalued based on earnings per token metrics. Grayscale projects HYPE could generate $1 billion in revenue by 2027, implying a fair value of $3.25...
Audiera (BEAT), a decentralized music streaming token, surged 21.33% to $3.48, reaching a market cap of $1.07 billion. The rise follows new partnerships with major artists, boosting investor interest. Other altcoins like Lighter (LIT), Bittensor (TAO...
Hyperliquid's Spot ETF (HYPE) is attracting more inflows relative to its market cap than Bitcoin, Ethereum, Solana, and XRP ETFs, signaling strong investor interest in smaller cryptocurrencies. Despite a recent price dip to $54.74, HYPE's price has r...
