Hyperliquid | Crypto

DEX wars are heating up as Hyperliquid, Aster and Lighter battle for dominance; lasting success depends on tech, not token perks. A new wave of DEX wars has shifted from token incentives to a focus on speed, leverage and sustainable infrastructure. Hyperliquid continues to lead the market with over $300 billion in monthly volume, strong liquidity and rising institutional adoption. Aster’s growth is powered by airdrops, Binance-backed credibility and leverage that attract professional traders. Read more

HYPE price prediction targets $100 before year-end following MetaMask's launch of perpetual futures trading powered by Hyperliquid as token surges 3.3% to $46.61 with $15.6 billion market cap, ranking as the 11th largest cryptocurrency. The post HYPE Price Prediction: MetaMask Brings Perpetual Trading to Millions via Hyperliquid – $100 Before Year-End? appeared first on Cryptonews.

MetaMask and Infinex have integrated Hyperliquid, the most liquid decentralized derivatives platform, to steal market share from CEXs in the rapidly growing perps market. Decentralized crypto trading platforms MetaMask and Infinex are now offering perpetual futures through integrations with Hyperliquid, competing with their centralized counterparts in the booming crypto perps market. MetaMask’s integration with Hyperliquid went live on Wednesday, allowing users to access Hyperliquid’s decentralized perpetual swaps exchange directly through MetaMask’s wallet. MetaMask stated that the “major milestone” brings it one step closer to becoming an all-in-one, self-custodial trading platform, as it seeks to capture market share from centralized exchanges that have dominated the crypto perpetuals market. Read more

Despite the nearly $9 million loss, Machi and other large investors are betting on the price of the XPL token recovering. Taiwanese music celebrity and high-profile digital asset investor Jeffrey Huang, also known as “Machi Big Brother,” is facing a nearly $9 million floating loss on his Hyperliquid account. Account “0x020c” associated with Huang, who is also a popular Bored Ape Yacht Club collector, is approaching a floating loss of $9 million on decentralized exchange (DEX) Hyperliquid. From a profit of approximately $44 million just 13 days ago, the celebrity is now sitting on an unrealized loss of $8.7 million on their 5x leveraged long position, which involves betting on the price appreciation of the Plasma (XPL) token, according to blockchain data from Hyperdash. The position has a liquidation threshold of $0.5366. Read more

HyperDrive DeFi protocol suffered a $773,000 exploit affecting two accounts in its Treasury Bill market with stolen funds split between BNB Chain and Ethereum networks through bridge transfers, as the attacker exploited an arbitrary call vulnerability in the router contract stealing 672,934 USDT0 and 110,244 thBILL tokens. The post Hyperliquid’s HyperDrive DeFi Loses $773K in Account Compromise, Funds Bridged to BNB Chain and Ethereum appeared first on Cryptonews.

ARK Invest’s Cathie Wood says Hyperliquid reminds her of Solana’s early days, but maintains that Bitcoin remains the core of her crypto thesis. ARK Invest CEO Cathie Wood has compared Hyperliquid to Solana’s early-stage promise, calling it “the new kid on the block.” “It’s exciting. It reminds me of Solana in the earlier days, and Solana has proven its worth and is, you know, there with the big boys,” Wood said during a recent interview on the Master Investor podcast. ARK Invest currently holds three main crypto assets in its public funds, including Bitcoin (BTC), Ethereum (ETH), and Solana (SOL). The firm’s exposure to Solana is through Breera Sports, which Wood clarified is tied to the Solana treasury and supported by Middle Eastern investors. She also noted advisory ties to the project through economist Art Laffer. Read more

Hyperliquid’s decentralized exchange has rapidly grown to become one of the biggest projects in crypto. Here’s how it works.

Altcoin Season has unfolded through targeted rotations rather than a blanket rally. Aethir, Mantle, and Hyperliquid have seen liquidity supported by trading depth, exchange access, and derivatives markets, reflecting how catalysts and market structure have guided flows. The post Altcoin Season Just Shifted – Traders Crowd Aethir, Mantle, Hyperliquid. Who Misses Out? appeared first on Cryptonews.

The USDH stablecoin is live, giving the derivatives exchange its first dollar-pegged asset after Native Markets secured issuance rights in a validator vote. Hyperliquid’s native stablecoin, USDH, launched on Wednesday with a USDC trading pair, logging nearly $2 million in early trading. With USDH now live, Hyperliquid has its first dollar-pegged asset, giving traders a stable unit of account and collateral across the network. Native Markets will manage the exchange’s stablecoin and oversee billions of dollars in potential flows. The crypto startup, led by Hyperliquid investor Max Fiege, former Uniswap Labs president Mary-Catherine Lader and blockchain researcher Anish Agnihotri, was selected through a validator vote on Sept. 14. Read more

Hyperliquid's native stablecoin USDH launched on September 23 with $2.2 million in early trading volume following Native Markets' victory in a competitive governance vote that saw the startup defeat established players including Paxos and Ethena Labs. The post USDH Stablecoin Goes Live on Hyperliquid with $2.2M Early Trading Volume – Can it Replace Tether? appeared first on Cryptonews.

Paxos’ USDH plan brings PayPal/Venmo links, a $20-million fund and yield sharing. Could it turn Hyperliquid into DeFi’s next liquidity hub? Put simply, too much profit is directed to issuers. In most cases, the yield from reserves flows back to those managing the stablecoin rather than to its users. When you hold a stablecoin like USDC (USDC) or Tether’s USDt (USDT), the issuer (Circle or Tether) holds real dollars or safe assets (such as US Treasurys, money market funds or cash) to back every token in circulation. Read more

Fueled by new DEX Aster, 24-hour perps trading volume on Binance Chain has surpassed Hyperliquid as the platforms battle for market share.

DefiLlama data showed that Aster topped daily perpetual trading volumes with $24.7 billion on Wednesday, surpassing competitors including Hyperliquid and edgeX. Aster, a decentralized perpetuals exchange on BNB Chain, saw open interest surge nearly 33,500% in less than a week, challenging that of its top rival, Hyperliquid. On Wednesday, CoinGlass data showed that Aster’s open interest jumped from $3.72 million on Friday to $1.25 billion at the time of writing. The spike in active contracts signaled that traders were piling into the platform, challenging its biggest competitor, Hyperliquid.  Open interest refers to the total number of outstanding contracts that haven’t been settled. It’s used as a key metric to gauge liquidity and market conviction toward a project. Aster’s open interest surge showed that the traders are willing to deploy capital on the platform.  Read more

The Taiwanese celebrity closed his position at a $4.5 million loss as Hyperliquid’s market share continued to lose ground to other decentralized exchanges. Taiwanese music celebrity and high-profile digital asset investor Jeffrey Huang, also known as “Machi Big Brother,” sold all his Hyperliquid holdings at a multimillion-dollar loss amid mounting concerns over the token’s upcoming vesting schedule. The celebrity and popular Bored Ape Yacht Club collector sold $25.8 million worth of Hyperliquid (HYPE) tokens, realizing a total loss of $4.45 million after weeks of holding, according to blockchain data shared by pseudonymous analyst MLM in a Tuesday X post. The account has also forfeited more than $19 million in unrealized profit over the past week. Read more

The on-chain perpetuals market is experiencing a major shake up as Hyperliquid cedes ground to competitors.

The whale started withdrawing their HYPE tokens after nine months of holding, with an unrealized profit of about $90 million. Update Sept. 22, 1:31 p.m. UTC: This article has been updated to include quotes from Nicolai Sondergaard, research analyst at crypto intelligence platform Nansen. Large cryptocurrency investors, or whales, are cashing out of Hyperliquid’s native token as concerns grow over an upcoming vesting schedule that could unleash about $11 billion worth of supply. Whale wallet “0x316f” withdrew $122 million worth of Hyperliquid (HYPE) tokens on Monday, which had been acquired for about $12 per token. Read more

MetaMask is preparing to embed perpetual futures trading into its interface through an integration with Hyperliquid, according to newly surfaced code leaks on social media. Updates on MetaMask’s public GitHub repository revealed a dedicated “Perps” tab and deposit flows for USDC, signaling the addition of leveraged trading features typically found on centralized exchanges. The new […] The post Leaked code shows Metamask eyeing in-wallet perps via Hyperliquid appeared first on CryptoSlate.

MetaMask is preparing to integrate perpetuals trading with Hyperliquid, allowing direct derivatives trading within the wallet for over 30 million active users. The post Leaked Code Reveals MetaMask Is Launching In-Wallet Perpetuals Trading using Hyperliquid appeared first on Cryptonews.

Four authors submitted Hyperliquid Improvement Proposal 4 (HIP-4) on Sept. 16, introducing “Event Perpetuals” to enable prediction markets on the platform’s order book infrastructure. The proposal lists Kalshi’s head of crypto, John Wang, among its four co-authors. The text addresses limitations in Hyperliquid’s existing HIP-3 builder-deployed perpetuals for prediction market use cases. The current infrastructure […] The post Kalshi exec submits Hyperliquid improvement proposal to solve prediction market deployment challenges appeared first on CryptoSlate.

Circle is now a HYPE holder, has introduced native USDC to Hyperliquid and is considering becoming a network validator. Stablecoin issuer Circle is expanding into Hyperliquid with an investment and the launch of native USD Coin on the protocol, as stablecoin competition on the network intensifies. According to a Tuesday announcement, Circle is now a stakeholder in the Hyperliquid ecosystem, directly holding its native cryptocurrency Hyperliquid (HYPE). Circle is also considering becoming a validator for the protocol. The company, which went public on June 5, is behind the USDC (USDC) stablecoin, a digital asset redeemable 1:1 for US dollars. The token will be natively deployed on HyperEVM, Hyperliquid’s smart contract layer. Read more