Renzo Protocol has introduced Renzo Basis, an automated delta-neutral yield strategy on Hyperliquid, a high-volume on-chain perpetual futures exchange. The strategy involves executing basis trades by buying assets on the spot market and shorting perpetual futures to earn funding rate payments without market direction risk. Initially supporting Bitcoin and Hyperliquid's native token HYPE, the product automates trade execution, rebalancing, and funding collection. While promising yield opportunities, risks include potential negative funding rates and smart contract vulnerabilities, with fee details yet to be disclosed.
Hyperliquid's total open interest reached $14.3 billion, nearly matching the $14.7 billion before the October 10, 2025 crash, when it had dropped 56% in a day. This recovery reflects a shift in market composition, with permissionless HIP-3 markets no...
Galaxy Digital and a whale transferred nearly $27.78 million worth of Hyperliquid (HYPE) tokens to exchanges, increasing supply pressure. Despite this, overall spot outflows remain negative, suggesting some accumulation. The price stays within a risi...
The Hyperliquid native token HYPE surged to a new all-time high of $88, marking over a 50% gain in September 2026. Open interest on the Hyperliquid platform reached $14.3 billion, close to pre-2025 crash levels, driven by a shift to core perpetual ma...
Hyperliquid, a decentralized perpetual futures exchange, has reached a milestone with its open interest climbing to $14.3 billion. At the same time, its native token HYPE hit an all-time high, reflecting strong market activity and investor interest. ...
Machi Big Brother, a crypto influencer, promoted a Solana-based meme coin called Season 3 (S3) as a shortcut to the awaited Hyperliquid Season 3 airdrop, despite clarifying he is not the developer. The coin briefly surged but lost most gains quickly,...
