News with the tag "hyperliquid"

Over $40 million in HYPE tokens are being unstaked ahead of Kinetiq's launch on Hyperliquid, signaling bearish market sentiment and strategic repositioning by major investors.

Hyperliquid ($HYPE) experienced a 3.4% price drop as bears broke the $38 support level, signaling potential further downside, despite its strong position as a leading Layer-1 decentralized exchange for perpetual futures.

CME surpassed Binance as the largest Bitcoin futures exchange by open interest, while decentralized platform Hyperliquid achieved record daily trading volumes and significant market share in DeFi perpetual contracts.

In June, DEX trading volumes reached a historic peak, driven by growth in platforms like PancakeSwap and Hyperliquid, while CEX volumes remained flat, with hybrid CeDeFi platforms emerging as a trend.

The article analyzes the recent price movements and trends of Ethereum, Ripple, Cardano, Solana, and Hyperliquid, highlighting bullish signals and key resistance levels for each cryptocurrency.

HYPE token is poised to reach a new all-time high of $50 as Hyperliquid dominates the perpetual futures market with $1.571 trillion in trading volume and significant market share growth.

Hyperliquid has achieved $1.57 trillion in annual perpetual futures trading volume, with its native token HYPE surging nearly 950% since its launch, driven by technical advantages and rapid platform growth.