Hyperliquid has introduced a preliminary HIP-3 testnet upgrade that lets independent deployment teams control access to perpetual futures markets through deployer-managed on-chain allowlists.
Silhouette launched RFQ trading for xStocks on Hyperliquid, allowing tokenized-equity trades to draw competing market-maker quotes onchain.
Hyperliquid Strategies Inc. (NASDAQ: PURR), the digital asset treasury company trading under the ticker PURR, has enlarged the committed equity purchase arrangement it maintains with Chardan Capital Markets.
HIP-3* enhances market flexibility, potentially reshaping access control in permissioned markets and influencing regulatory compliance strategies. Hyperliquid unveils HIP-3* as optional layer for permissioned markets.
Hyperliquid's HIP-3* could bridge DeFi and traditional finance by enabling compliant, permissioned markets, attracting regulated entities. Hyperliquid adds optional permissioned market functionality to HIP-3.
Hyperliquid's HIP-4 outcome volume tripled after outside deployment opened, but incentives and U.S. regulatory barriers complicate the growth.
Hyperliquid Strategies increased its Chardan equity facility to $2.5 billion, with a Nasdaq cap limiting certain discounted sales after $1B.
Hyperliquids HYPE token has joined the Hashdex Nasdaq Crypto Index US ETF (NCIQ), becoming the funds fifth-largest holding behind Bitcoin (BTC), Ethereum (ETH), XRP and Solana (SOL). The addition gives HYPE greater exposure to institutional investors as the Hyperliquid ecosystem continues to gain momentum.
Hyperliquid's ecosystem growth and HYPE's breakout could set the stage for stronger accumulation in Q4.
The delisting highlights the speculative nature of pre-IPO markets, emphasizing the need for genuine interest to sustain such trading platforms. EntropyIO lists pre-IPO perps on Hyperliquid, but OpenAI contract was delisted before anyone traded it.
Hyperliquid Strategies expanded its equity facility to $2.5B after building a 29.3M HYPE treasury, while PURR fell 7% as dilution risk grew.
Hyperliquid Strategies expanded its financing agreement with Chardan Capital Markets from $1.000 million to $2.500 million. The company accumulated approximately 29.3 million HYPE tokens and raised $647 million through the facility before the expansion. The company's shares rose 30.4% following Donald Trump's statements about integrating the platform into the U.S. regulatory framework.