How Hyperliquid’s insanely lucrative airdrop launch changed the game
Hyperliquid airdropped 28% of its HYPE token supply to early users. The airdrop is now worth more than $7 billion, making it the most valuable in history. Go to Source
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Hyperliquid must draw developers or risk unraveling: VanEck
The layer-1 chain needs more than a successful perpetuals exchange to justify the HYPE token’s lofty valuation, according to the asset manager. Go to Source
USDC market cap is up 80% from 2023 lows
The stablecoin is also more widely distributed across blockchain networks. Go to Source
Hyperliquid Launches HYPE Staking to Amplify Network Decentralization
According to the Hyper Foundation, the organization associated with the Hyperliquid ecosystem, users can now stake HYPE on the network. The foundation detailed that users can stake HYPE to a trusted validator and earn staking rewards in HYPE. Hyperliquid’s HYPE Staking Debuts Amid Rapid Growth Over the last few weeks, Hyperliquid, the decentralized perpetuals exchange … Read more
Smart Trader Nets $8.3M In Profits On Hyperliquid, Highlighting Perpetual Contract Opportunities
A savvy trader, known by the address 0x880, has generated over $8.3 million in profits trading perpetual contracts on the decentralized exchange Hyperliquid. The trader’s success stems from $5.3 million in profits from derivatives trading and an additional $3 million earned through funding fees. The trader’s strategy includes shorting popular tokens such as $SOL, $ETH, … Read more
Korean Hackers Lose Big Trading on Hyperliquid: Are They Poking for Holes?
Addresses linked to North Korean hackers have lost nearly half a million dollars betting on ether using Hyperliquid, a decentralized exchange with its own layer one (L1) blockchain platform. While rumors of an impending exploit circulated on social media, Hyperliquid denied all allegations, stating that no exploit was detected or reported by third parties. Korean … Read more
Hyperliquid net outflows top $250M amid fears over North Korea hackers
Hyperliquid has seen over $256 million in net outflows as security experts revealed that North Korean threat actors had been trading on the platform. Go to Source
Bitcoin DeFi project Solv to launch native token on Hyperliquid
It will be among the first tokens to launch on Hyperliquid, a layer-1 network specializing in trading. Go to Source
Hyperliquid’s HYPE token surges 60% after billion-dollar airdrop
Hyperliquid has distributed over 300 million HYPE tokens to eligible community members on Nov. 29. Go to Source
The Big Role Ethena’s USDE Could Play in Hyperliquid’s Upcoming Mainnet
Ethena has proposed integrating its liquidity and hedging engine into Hyperliquid, a layer one (L1) blockchain set to launch its EVM mainnet. The proposal includes adding USDE, Ethena’s stablecoin, within the Hyperliquid ecosystem upon mainnet launch. Ethena Eyes Hyperliquid’s Rapid Growth for Next Phase of USDE Expansion The proposal outlines a cautious approach to integrating … Read more
