Last weekend marked a historic day for Hyperliquid as its trading volume for perpetual contracts soared to $11.5 billion, accompanied by a staggering $1.32 billion in liquidations—both setting new all-time highs. Despite the market turbulence, Hyperliquid’s native token, HYPE, demonstrated remarkable resilience. The token rebounded swiftly after the market dip, briefly surpassing $33 to reach a new all-time high. The Assistance Fund currently holds approximately 11.234 million HYPE tokens, valued at around $356 million, highlighting its significant stake in the ecosystem. According to data from CoinGecko, HYPE has surged 25% in the past 24 hours, reflecting strong investor confidence. This
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