Hyperliquid viewed the recent approval of U.S crypto perps as positive sign, not a threat.
The digital asset manager says Hyperliquid is emerging as a blockchain-based financial infrastructure platform with the potential to expand beyond crypto trading and challenge parts of traditional derivatives and exchange markets.
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.
Institutional investors are increasingly moving beyond Bitcoin and Ethereum, with the latest four-day ETF data revealing growing demand for alternative digital assets.
Hyperliquid (HYPE) smashes through $60 as RWA trading volumes surge. With over 1.2M users and institutional interest mounting, is a breakout to $100 the next inevitable step?
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.
Hyperliquid's dominance in RWA perps signals a shift towards decentralized finance, potentially reshaping traditional asset trading dynamics. Hyperliquid drives growth of real-world asset perps, capturing 44% of total volume.
The decision by the Commodity Futures Trading Commission (CFTC), which opened the way for Kalshi to launch the first regulated perpetual futures in the United States, caused turbulence across the crypto market. The main indicator of sentiment was HYPE, the token of decentralized exchange Hyperliquid, which maintains dominance in this sector.
Hyperliquid launched HIP-4 outcome contracts on Trust Wallet, making it the first major wallet to integrate them. Contracts are priced between $0 and $1, with no leverage or liquidation risk, and maximum loss is limited to the position size.
Grayscale filed a fourth amendment for its Hyperliquid ETF, HYPG, with a seed capital plan of 2 million HYPE tokens valued at around $113 million. Bloomberg analyst James Seyffart indicated that Grayscale's product is approaching launch, though the management fee has not yet been disclosed.
Hyperliquid's rise pressures traditional exchanges to innovate, potentially reshaping trading hours and market dynamics globally. Hyperliquid hits new all-time high after CFTC perp approval, NYSE boss endorsement.
Grayscale is negotiating a $115 million HYPE-for-shares seed swap for its proposed Hyperliquid staking ETF, in a move that deepens Wall Street's exposure to on chain derivatives.