Hyperliquid’s Latest Announcement: Why It Could Be A Game Changer For HYPE In...
Hyperliquid (HYPE), one of the largest decentralized exchanges (DEXs) in the industry, has announced the pre-alpha launch of a portfolio margin system on its testnet, marking a significant advance for traders by unifying spot and perpetual (perps) trading to enhance capital efficiency. This system supports various trading strategies, such as carry trades, wherein spot balances […]
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The HYPE price has rebounded sharply, recovering from recent volatility that saw a $44 million whale liquidation earlier this week, which rattled traders. After plunging to around $36, the HYPE price surged over 7% in the past 24 hours, now trading around $40 as bullish sentiment returns. Related Reading: 84% Of XRP Sell Pressure Comes From Korea As $2 Looms, Analyst Warns The rally follows its landmark listings on Binance and Coinbase, a move that has sparked renewed confidence in the fast-rising DeFi Layer 1 network. According to on-chain data from Coinglass, funding rates have flipped....
Hyperliquid’s native token, HYPE, extended its rally on Thursday, jumping over 8% to trade near $58.77. The move comes after rebounding from its earlier record of $57.40 and places the token just shy of the crucial $60 psychological barrier. Related Reading: From $2 Trillion To $400T? CEO Sees Bitcoin Exploding 200x – Here’s More Driving this surge is the successful integration of USDC and Circle’s Cross-Chain Transfer Protocol (CCTP V2), now live on Hyperliquid’s Ethereum Virtual Machine (EVM). The upgrade enhances liquidity and security across HyperCore and HyperEVM applications,....
Hyperliquid’s native token HYPE is approaching the $50 mark after a 24-hour 7.7% increase to approximately $47, driven by the launch of 4,600 Hypurr NFTs on the HyperEVM. The collection launched strongly with a floor near $68,700 and about $45 million in first-day volume. Related Reading: Bitcoin Coin Days Destroyed Drops By 50% Amid Waning […]
Hyperliquid (HYPE) is slowly approaching a decisive governance moment as analysts and market participants reassess the protocol’s long-term outlook against the backdrop of a proposed large-scale HYPE token burn. Related Reading: Here Are The Meme Coins With Over 100% Rallies While Dogecoin And Shiba Inu Struggle After months of declining prices and heightened volatility across […]
Hyperliquid (HYPE), a Layer-1 platform that has made notable strides in the cryptocurrency sector this year, has announced its latest upgrade, HIP-3. This upgrade marks a significant step toward decentralizing the perpetual futures listing process, allowing users and developers to deploy their own perpetual futures exchanges on the platform. What To Expect From Hyperliquid’s Latest […]