Browsing: Hyperliquid

Hyperliquid, Ethereum, and Solana have all seen notable price increases, each rising by over 20% in the past 24 hours. Hyperliquid’s native token HYPE was around $72.19 with a 23.1% gain, while Ethereum’s ETH stood at approximately $1,921.93. Solana’s recent surge is attributed to ongoing developments within its network, rather than a single major market…

In an unexpected twist that could rewrite the playbook of cryptocurrency, President Trump’s recent comments regarding the Hyperliquid derivatives platform have sent the digital currency market into a frenzy, spiking the value of its HYPE token by 19%. As traders increasingly flock to decentralized exchanges, the prospect of U.S. regulatory frameworks becoming more accommodating could…

(Bloomberg) — President Donald Trump said US regulators are working to bring Hyperliquid, a fast-growing crypto platform, into the country, offering one of the clearest signals yet that the White House wants to pull a major piece of the industry’s offshore market infrastructure onshore.

Two anonymous cryptocurrency whale wallets have opened significant short positions against Ethereum ($ETH) on the decentralized perpetual futures exchange Hyperliquid, according to blockchain tracking firm Lookonchain. The combined positions total roughly $98 million, representing a notable bearish bet on the second-largest cryptocurrency by market capitalization.

Hyperliquid, the decentralized exchange that processed more than $250 billion in perpetual futures volume last month, has established a Washington, D.C.-based nonprofit to advocate for regulatory frameworks governing decentralized finance. The Hyperliquid Policy Center will focus on rules for decentralized exchanges, perpetual futures markets, and blockchain-based market infrastructure, accordingto a Wednesday press release.