Bookmarking Crypto Insights
Auto Added by WPeMatico
While the general cryptocurrency market has experienced a decline in certain altcoins, one asset appears to be drawing the substantial attention of major investors: $HYPE. Even though the token is now down to the lower end of its range, cryptocurrency “whales”—individuals or entities that hold large amounts of crypto—are making some impressive moves. They’re depositing … Read more
Explore Hyperliquid (HLP), its core functions and how it powers the Hyperliquid blockchain. Understand its impact on DeFi and decentralized trading. Go to Source
On Jan. 20, 2025, Hyperliquid, a decentralized perpetual exchange powered by a custom-engineered, high-performance layer one (L1) blockchain, revealed it had reached a series of unprecedented milestones in trading volume. Within the past 24 hours alone, the platform reported facilitating an impressive $21 billion in volume. Hyperliquid Shatters Records: $21B in 24-Hour Trading Volume and … Read more
Hyperliquid airdropped 28% of its HYPE token supply to early users. The airdrop is now worth more than $7 billion, making it the most valuable in history. Go to Source
The layer-1 chain needs more than a successful perpetuals exchange to justify the HYPE token’s lofty valuation, according to the asset manager. Go to Source
The stablecoin is also more widely distributed across blockchain networks. Go to Source
According to the Hyper Foundation, the organization associated with the Hyperliquid ecosystem, users can now stake HYPE on the network. The foundation detailed that users can stake HYPE to a trusted validator and earn staking rewards in HYPE. Hyperliquid’s HYPE Staking Debuts Amid Rapid Growth Over the last few weeks, Hyperliquid, the decentralized perpetuals exchange … Read more
A savvy trader, known by the address 0x880, has generated over $8.3 million in profits trading perpetual contracts on the decentralized exchange Hyperliquid. The trader’s success stems from $5.3 million in profits from derivatives trading and an additional $3 million earned through funding fees. The trader’s strategy includes shorting popular tokens such as $SOL, $ETH, … Read more
Addresses linked to North Korean hackers have lost nearly half a million dollars betting on ether using Hyperliquid, a decentralized exchange with its own layer one (L1) blockchain platform. While rumors of an impending exploit circulated on social media, Hyperliquid denied all allegations, stating that no exploit was detected or reported by third parties. Korean … Read more
Hyperliquid has seen over $256 million in net outflows as security experts revealed that North Korean threat actors had been trading on the platform. Go to Source
