Hyperliquid's weekly revenue surpassed $20.22 million in early June 2026, breaking a multi-month consolidation phase where revenue ranged between $8 million and $15 million. This rebound reflects renewed momentum in derivatives trading, particularly in perpetual futures, supported by a stable $5.9 billion TVL and $222 billion monthly trading volume. The platform's open interest share in perpetual futures reached a record 7.9%, indicating growing trader commitment to decentralized derivatives markets despite competition from centralized exchanges. With annualized fees exceeding $1.05 billion and sustained liquidity, Hyperliquid is solidifying its position as a key player in the decentralized derivatives ecosystem.
Medicus Pharma has filed a registration study with the FDA for its SkinJect treatment aimed at Gorlin syndrome, a rare disorder causing multiple basal cell lesions. This step could lead to commercialization if positive results support a New Drug Appl...
Fidelity is steering away from bonds issued by major tech companies like Amazon, Alphabet, Meta, Microsoft, and Oracle, which are raising hundreds of billions to fund AI infrastructure. Despite strong credit ratings, these bonds offer minimal yield p...
Strategy Bitcoin treasury evolved from a cautious approach of allocating only 5-10% of the balance sheet to Bitcoin, as initially preferred by CEO Phong Le, to a full balance sheet Bitcoin exposure advocated by Michael Saylor. Over time, Phong Le ack...
PayPal's PYUSD stablecoin supply has decreased by 31%, falling from a $4.2 billion peak in March 2026 to about $2.92 billion. This $1 billion reduction reflects changing liquidity flows, reduced minting, and cautious market participation amid broader...
Ethereum's market capitalization has fallen to about $186.263 billion, while Tether's stablecoin market cap rose to approximately $187.05 billion, marking a rare flip where Tether overtakes Ethereum. This shift is driven by increased demand for stabl...
