Trade.xyz launched the first SpaceX pre-IPO perpetual futures contract on Hyperliquid, starting with a $1.78 trillion valuation and spiking to over $2.5 trillion within hours. This contract allows crypto traders to speculate on SpaceX's IPO price, which is expected around June 11 on Nasdaq. The move marks a new phase of onchain price discovery for major IPOs and follows a successful similar contract for Cerebras Systems. SpaceX's upcoming IPO is highly anticipated, with the company holding significant Bitcoin assets that will be disclosed in public filings for the first time.
Hyperliquid (HYPE) surged 11.07% to $46.06, boosting its market cap to $10.93 billion, driven by growing interest in decentralized finance (DeFi) projects. Other notable gainers include Venice Token, Zcash, Provenance Blockchain, and Toncoin, reflect...
Hyperliquid (HYPE) bounced back to $42.80 after holding the $40 support level. A large whale sold 213,419 HYPE for $8.93 million, realizing $2.8 million in profit, but still holds significant tokens. Despite this profit-taking, demand remains steady ...
On May 16, 2026, HyperCore repurchased 23,679.72 HYPE tokens but distributed 26,766 HYPE as staking rewards, resulting in a net inflation of 3,087 tokens added to circulation. This pace could add over 1.11 million HYPE tokens annually, reflecting ong...
Hyperliquid, a major decentralized exchange (DEX), is under scrutiny from U.S. regulators after ICE and CME urged the Commodity Futures Trading Commission to regulate it due to concerns about market manipulation and anonymous trading. Hyperliquid's l...
Hyperliquid (HYPE) surged to $47 before sharply falling to $41, down 10.4% amid strong bearish pressure. A whale investor took a large 180,000 HYPE long position with 10x leverage worth $7.78 million, signaling optimism for a rebound. However, increa...
