Hyperliquid allows external market builders to keep half of trading fees through its HIP-3 system, but Kain Warwick, founder of Synthetix, calls this 50% split "a bit crazy" and predicts it will be reduced. Despite growing volumes, Hyperliquid's revenue and token buybacks have declined sharply, indicating that the fee share is impacting the protocol's earnings. Most of the risk is concentrated in one builder, trade.xyz, which controls over 90% of open interest, raising concerns about platform dependency. Warwick suggests Hyperliquid holds pricing power and can lower the builder fee share without losing its market dominance.
Hyperliquid's market liquidity reached a record $8.8 billion, surpassing last October's peak, driven by increased trading as Bitcoin recovered above $85K. This surge doubled Hyperliquid's daily revenue to $3 million in Q3, with a tripling in mid-Augu...
Jupiter Exchange has launched new perpetual futures markets for tokenized SpaceX shares (SPCX), Hyperliquid's HYPE token, and the privacy coin Zcash (ZEC) on Solana. These new contracts offer up to 20x leverage using USDC as collateral and operate on...
Hyperliquid, a decentralized exchange ecosystem, has seen its native token HYPE's fully diluted valuation exceed $91 billion, surpassing major traditional exchanges like Nasdaq and the London Stock Exchange Group. This milestone reflects growing mark...
Hyperliquid's HYPE token surged past the $90 resistance level, trading near $91.68 with bullish momentum pointing to targets at $95.50, $98.00, and $100.50. The breakout is supported by technical indicators like the 20-day EMA at $83.20 and a 14-day ...
Bitcoin surged 5% to $81,914, helping the total cryptocurrency market cap reclaim $2.8 trillion and nearly reach $2.9 trillion during a broad weekly rally. Altcoins outperformed Bitcoin, with Hyperliquid (HYPE) hitting a new high of $94.48 and Zcash ...
