Paragon has introduced Power Perps on Hyperliquid, starting with a market based on the squared price of HYPE (HYPE²). These perpetual contracts provide convex payoff without strike prices or expiry dates, allowing traders to benefit from amplified gains as HYPE's price rises. Unlike traditional options, Power Perps have a single order book and use hourly funding to maintain contract value. The product is still in testing, with plans for a HYPE³ market soon, offering even greater convexity and risk. This innovation could help market makers hedge more efficiently within Hyperliquid's existing infrastructure.
HYPE is currently priced at Rp1.295.763 on Pluang, showing a 2.19% decrease in the last day. As of Nov 12, 2026 23:02 WIB, the market sees more buying interest with 75% buy orders and a typical hold time of 38 days.
Hyperliquid, a decentralized exchange focused on perpetual futures, saw its daily active users rise by 169% in 2026, reaching 71,411 users. This surge reflects growing interest and engagement in its platform, which recently processed $9 billion in pe...
Hyperliquid (HYPE) has fallen 17% to $72.49 despite bullish listings on South Korean exchanges. Selling pressure increased after large token sales and Binance reopening withdrawals post-security breach. Technical indicators show weakening momentum wi...
DeFi researcher Ignas suggests that traditional financial firms could benefit from crypto adoption through shares and private holdings rather than owning tokens, casting doubt on the lasting value of tokens like Hyperliquid's HYPE and Avalanche's AVA...
On November 11, 2026, altcoin spot ETFs showed varied net flows: Solana (SOL) and Zcash (ZEC) experienced notable outflows, continuing recent withdrawal trends. Other altcoins like XRP, Dogecoin (DOGE), Chainlink (LINK), Avalanche (AVAX), and Litecoi...
Binance introduced two new perpetual contracts with up to 75x leverage for HYPEUSDC and TRXUSDC on November 11. This launch follows a security warning about an iOS flaw that could expose users' private keys, which has dampened investor confidence. HY...
