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HYPE climbed to a fresh all-time high near $67 on May 29, capping a week in which U.S. regulators cleared the first domestic perpetual futures contract and Grayscale branded Hyperliquid a breakout success. A Record Built on Regulatory Relief HYPE, the native token of the decentralized exchange Hyperliquid, touched roughly $67.24 during Friday trading, extending … Read more
The synthetic SpaceX perpetual contract on decentralized exchange Hyperliquid suffered a massive 45% flash crash on Thursday, wiping out over $1.5 million in leveraged positions within 30 minutes. Onchain Data Shows Severe Liquidity Vacuum in Pre-Market Contract SPACEX-USDH, a synthetic pre-market asset, plunged from an opening price of $2,277 down to a low of $1,254 … Read more
A major endorsement from a traditional finance titan is rapidly placing Hyperliquid among the top DEXs. The statement from Jeff Sprecher, founder of Intercontinental Exchange (ICE) and owner of the New York Stock Exchange, sent the token 10% higher today. This rally comes at a critical moment, with Hyperliquid’s native token sitting right around all … Read more
Jeff Sprecher, the CEO of the New York Stock Exchange’s parent company ICE, has openly praised the decentralized derivatives protocol Hyperliquid, calling the platform “bigger than Nasdaq” at a recent gathering. Wall Street Giants Shift From Lobbying to Exploring Decentralized Finance Speaking at the Bernstein Annual Strategic Decision Conference, the head of the company that … Read more
Crypto exchange-traded fund (ETF) investors remained defensive on Wednesday, May 27, with bitcoin and ether funds extending their losing streaks. HYPE and Solana products drew modest fresh capital, but the broader tone stayed firmly negative. Bitcoin ETFs Extend Losing Streak to Eight Days as Blackrock Loses $528M The selling pressure in crypto ETFs is no … Read more
Grayscale Research cast Hyperliquid as a standout DeFi contender with potential to scale into a major on-chain financial services platform. Its report points to trading growth, exchange-style network effects, and token mechanics linked directly to platform demand. Grayscale Sees Hyperliquid as a DeFi Breakout Grayscale Research presented Hyperliquid as one of crypto’s clearest examples of … Read more
Onchain data has flagged a smart money whale running heavily leveraged short positions on bitcoin and ether simultaneously with long positions on traditional financial (TradFi) market indexes through Hyperliquid. Long TradFi, Short Crypto: The Trade in Detail The wallet holds a $5.09 million long position on the XYZ100 index perpetual at 4x leverage, currently sitting … Read more
Crypto ETF flows were mixed on Tuesday, May 26, with bitcoin and ether ETFs losing a combined $368.75 million as both ETFs extended their outflow streaks. Altcoin products softened the blow, led by $20.45 million into HYPE ETFs and $1.55 million into XRP ETFs, while solana ETFs saw no trading activity. HYPE ETFs Pull $20M … Read more
Two spot exchange-traded funds (ETFs) tracking Hyperliquid’s HYPE token have set a new benchmark for altcoin fund debuts in the U.S., absorbing 1.04% of the token’s total market capitalization in their first 10 trading days, while a single wallet simultaneously withdrew $30.93 million in HYPE from Coinbase Prime. HYPE ETFs Outperform Every Prior Altcoin Debut … Read more
A permissionless exchange protocol called Exchange OS has gone live on OKX’s Xlayer network, allowing any developer to deploy spot markets, perpetual futures, and prediction markets on shared infrastructure, with Glassnode serving as the official onchain data provider. Glassnode Powers Exchange OS Launch on OKX’s Xlayer Onchan analytics provider Glassnode confirmed on May 26, that … Read more