TLDR: Hyperliquid generated nearly $800M revenue in 2025 without raising venture capital funds. The HYPE token reached a $13B market cap despite the platform remaining blocked in the U.S. Hyperliquid processed $2.9T in perpetual futures volume during 2025 across global markets. Grayscale believes HYPE remains undervalued compared with traditional exchange businesses. Grayscale Research has identified…
Key Takeaways 21Shares’ THYP and Bitwise’s BHYP drew a combined $72.38M, marking the strongest altcoin ETF debut of 2026 by far. Kairos Research data shows HYPE ETFs absorbed 1.04% of the token’s $15.28B market cap in 10 days, outpacing bitcoin and ether ETF debut metrics. A new wallet withdrew $30.93M in HYPE from Coinbase Prime…
Latest developments: Hyperliquid is outperforming much of the crypto market as traders rotate back into higher-risk assets. Hyperliquid’s HYPE token hit a new all-time high after two HYPE ETFs launched in the U.S. Van de Poppe said European traders have increasingly moved to Hyperliquid because perpetual futures trading remains difficult to access on many regulated…
The entire crypto market opened the week on a turbulent note, with Bitcoin (BTC) giving back about 6% over the past seven days. Even with the broader market’s pullback, Hyperliquid’s native token, HYPE, stood out from the competition. HYPE Jumps On Bitwise’s 10% Fee-To-Token Plan One of the key drivers behind the altcoin’s Monday strength…
Crypto exchange Coinbase (COIN) made a major move for the Hyperliquid (HYPE) ecosystem on Thursday, outlining how it plans to deepen support for Circle’s USDC stablecoin on the platform. In a blog post, Coinbase said it is expanding its role by becoming the official treasury deployer of USDC on Hyperliquid, treating USDC as an Aligned…
TLDR: Hyperliquid DATs now hold nearly 9% of HYPE’s circulating supply, surpassing BTC, ETH, SOL, and BNB float-adjusted. HYPE is the only asset in the DAT dataset currently trading at a positive mNAV, easing fresh capital raises. Legacy sellers distributed holdings before ETF products arrive, lowering the risk of new demand meeting heavy sell pressure….
Key Takeaways: Hyperliquid launched HIP-4 Outcome Markets on mainnet May 2, 2026, with BTC daily binary contracts live and trading. HIP-4 charges zero fees to open positions, directly targeting Polymarket and Kalshi for onchain prediction market volume. Builders can deploy permissionless markets in a later phase by staking 1,000,000 HYPE, with slashable stakes burned if…
Justin Bons, founder of Cyber Capital, Europe’s oldest crypto fund, used X (formerly Twitter) to lay out a detailed defense of Hyperliquid (HYPE) as it competes with Solana (SOL). In his post, Bons framed the conversation around what he calls “devils hiding in the details,” arguing that Hyperliquid’s rise is tied to design choices that…
Why Arthur Hayes is bullish: In an interview with CoinDesk’s Jennifer Sanasie on MArkets Outlook, Hayes said Hyperliquid has separated itself from competing perpetual futures exchanges with real usage rather than incentive-driven volume. Hayes told Sanasie he sold his firm’s HYPE position around $50–$55 ahead of expected token unlock pressure but turned bullish again after…
Bitcoin’s BTC$108,169.16 price has made a strong recovery since the October 10 crash, but not everyone is convinced. One notable skeptic is a Bitcoin OG who earned $200 million by shorting BTC ahead of the October 10 sell-off, which was reportedly sparked by President Donald Trump’s aggressive tariff announcement on China. On Tuesday, the whale…