Since Hyperliquid's mainnet launch on April 14, traders have burned nearly 22,000 HYPE tokens through priority fees, with weekly burns rising 45-fold recently. The number of distinct payers expanded from 14 to 130, indicating broader adoption. Institutional interest is growing, highlighted by Bitwise staking 1.775 million HYPE worth $114 million, signaling long-term commitment. Meanwhile, 21Shares trimmed its HYPE holdings slightly, likely for portfolio rebalancing. Overall, supply is tightening through fee burns and staking, reinforcing sustained demand for HYPE tokens.
Hyperliquid's HYPE token increased by 1.29% to about $83 following its inclusion in Hashdex's Nasdaq CME Crypto Index ETF (NCIQ), where it holds a 3.36% allocation among nine assets. Concurrently, Hyperliquid Strategies expanded its equity financing ...
Hyperliquid Strategies has expanded its equity purchase agreement with Chardan Capital Markets from $1 billion to $2.5 billion, increasing its financial capacity for corporate activities like buying HYPE tokens. The HYPE token is near record highs ar...
Hyperliquid (HYPE) price rose 1.29% after being added to the Hashdex Nasdaq CME Crypto Index ETF (NCIQ), expanding the fund's crypto assets from eight to nine. HYPE met eligibility criteria including liquidity and regulatory listing, gaining a 3.36% ...
OKX has expanded its spot margin trading for European customers by adding 10 new USDC margin pairs, including tokens like NEAR, ENA, and LINK, with leverage up to 10x. This allows traders to borrow funds to increase their positions, either long or sh...
Hyperliquid (HYPE) has been added to the regulated Nasdaq CME Crypto Index, joining major cryptocurrencies like Bitcoin and XRP following a quarterly rebalancing approved by the SEC. Hyperliquid debuted with a 3.36% weighting, close to Solana's 3.79%...
