Renzo's expansion into automated yield strategies could redefine DeFi yield dynamics, but it also introduces new risks and complexities for users. Renzo expands product suite with basis trade on Hyperliquid.
Renzo Basis will first support BTC and HYPE and is designed to let users earn yield from funding rates through automated positions.
Hyperliquid open interest reached $14.3 billion, within 3% of its pre-October 2025 crash level, as HYPE touched an $88 all-time high.
HYPE faces $27.78 million in large-holder selling as spot outflows and bullish structure counter supply pressure.
The Hyperliquid native token HYPE has climbed to a fresh all-time high of $88, pushing its market capitalization close to the $20 billion threshold. This represents a remarkable surge of more than 50% over the current month.
Hyperliquid's growth signals increased market confidence, potentially attracting more institutional interest and driving further innovation. Hyperliquid open interest hits $14B as HYPE reaches all-time high.
The listing highlights the growing legitimacy and infrastructure of meme coin derivatives, indicating their increasing permanence in crypto markets. Hyperliquid lists Useless Coin perps with up to 3x leverage.
HYPE's shrinking supply and whale accumulation strengthened its outlook, while $83.82 remained crucial.
Wallets tied to North Korea's sanctioned Lazarus Group have been routing tens of millions of dollars through Hyperliquid, according to on-chain work first published by Arkham analyst Emmett Gallic.
Hyperliquid is expanding its builder-deployed perpetual market framework with an optional add-on known as HIP-3*. The change, discussed by co-founder Jeffrey Yan on September 3, 2026, is meant to let independent market operators restrict access to selected venues without rewriting the protocol's open core.
The first public look at institutional ownership of US Hyperliquid exchange-traded funds arrived with the latest round of 13F filings. Bloomberg Intelligence ETF analyst James Seyffart compiled the reports and found that 30 firms disclosed combined holdings of about $74.
Will HYPE survive the growing selling pressure across the market?