Hyperliquid | Crypto

Polymarket traders price an 86% chance of Lighter’s airdrop by the end of 2025 as the DEX opens wallet allocation forms and redistributes slashed points. Lighter, a perpetual decentralized exchange (perp DEX) and a major rival to Hyperliquid, is fueling airdrop speculation as Polymarket traders bet on a token launch before year’s end. Sebas, also known as Babastianj, a core contributor to the Lighter DEX, announced on the project’s Discord channel Monday that the platform is finalizing key processes ahead of the highly anticipated token generation event (TGE). “We’re in the final stretch of Season 2 and are running data science to remove Sybil, self-trading, and wash-trading points,” he said, adding that all slashed and removed points are planned to be redistributed to the community. Read more

Cantor Fitzgerald is predicting a HYPE rally to $200 by 2035, but rival DEXs are attracting a growing share of crypto traders as they emerge with lucrative reward farming systems. Decentralized perpetuals exchange Hyperliquid has been among crypto’s breakout projects in 2025, but rivals’ lucrative rewards systems are vying to lure investors away. Cantor Fitzgerald forecasts Hyperliquid’s HYPE (HYPE) token to surge to $200 by 2035. Hyunsu Jung, CEO of HYPE treasury company Hyperion DeFi argues that the surge will be fueled by the Hyperliquid Improvement Proposal 3 (HIP-3). "We see HIP-3 as the major driver of Hyperliquid’s next phase of growth, and as a key enabler of the valuation framework proposed by Cantor," Jung told Cointelegraph. Read more

Hyperliquid said that the wallet flagged by its community for insider HYPE shorting belongs to a former employee dismissed in early 2024. Decentralized perpetuals exchange Hyperliquid has addressed community concerns about a wallet that was believed to be linked to the internal team selling large amounts of HYPE (HYPE). Co-founder Iliensinc said on Hyperliquid’s Discord channel Monday that the wallet flagged by the community for shorting HYPE belongs to an ex-employee who was terminated in the first quarter of 2024. “This individual is no longer associated with Hyperliquid Labs, and their actions do not reflect our team’s standards or values,” Iliensinc wrote, referring to the address 0x7ae4…1028. Read more

Hyperliquid, a venue for high-risk leveraged trading on volatile assets, captured the attention of the crypto industry like no other project this year.

Hyperliquid is learning how quickly sentiment can turn in crypto. According to CryptoSlate data, HYPE, the token that powers the decentralized perpetuals exchange, has dropped to seven-month lows in December after a year in which Hyperliquid looked like the default venue for on-chain leverage. During this period, the platform's trading volumes have stalled just as […] The post Hyperliquid is erasing $1 billion in token supply, but the market is still punishing the wrong metric appeared first on CryptoSlate.

The proposal seeks a binding social consensus that the funds will never be accessed through future protocol upgrades. The Hyper Foundation proposed a validator vote to formally recognize HYPE tokens held in the Hyperliquid protocol’s Assistance Fund system address as permanently inaccessible, excluding them from the asset’s circulating and total supply.  According to the foundation, the Assistance Fund is a protocol-level mechanism embedded in the layer-1 network’s execution. It automatically converts trading fees into HYPE tokens and routes them to a designated system address. At the time of writing, the wallet contains about $1 billion in tokens.  The system address was designed without control mechanisms, making the funds irretrievable without a hard fork. “By voting ‘Yes,’ validators agree to treat the Assistance Fund HYPE as burned,” Hyper Foundation wrote.  Read more

The Hyperliquid development team provided clarity on Saturday's token unlock in response to community fears of increased selling pressure. The team behind the Hyperliquid decentralized exchange (DEX) disclosed a 1.75 million HYPE token unlock for its developers and core contributors on Saturday, valued at over $60.4 million at the time of this writing. Saturday’s token unlock was previously announced and is part of HYPE’s vesting schedule, according to pseudonymous Hyperliquid developer iliensinc, who celebrated the first anniversary of Hyperliquid’s historic airdrop and token generation event. He said: The unlock sparked fear about potential selling pressure that could impact HYPE’s market price, which declined by about 4.6% at the time of this writing. Read more

After briefly breaking into new territory at $126,080 on October 6, Bitcoin has spent most of the past two months trending downward. The asset slipped to a recent low near $82,000 last Friday, a level many traders hope will mark the end of the bad days.Seasoned market observers remain unfazed, describing this period as a […] The post Best Crypto to Buy Now 26 November – XRP, Hyperliquid, Monad appeared first on Cryptonews.

BitMEX co-founder Arthur Hayes said Hyperliquid’s $314 million unlock brings unavoidable sell pressure, and insider assurances can’t remove uncertainty. A $314 million Hyperliquid token unlock scheduled for Saturday puts the perpetuals decentralized exchange (DEX) under its most significant tokenomics spotlight yet, as one community member calls for clearer communication on how the core contributor unlock will be managed.  Tokenomist data shows that on Saturday, Hyperliquid will release 9.92 million HYPE tokens, which is 2.66% of the supply. The tokens are worth about $314 million at the time of writing. The HYPE allocation will be released in a “cliff unlock,” which means they will be released all at once.  The unlock ignited public conversations among holders, including an open letter from an X user named Andy, who urged the team to address the community before the tokens are unlocked. At the time of writing, HYPE trades at $31, a 23% decline over the past month.  Read more

Andrew Tate deposited $727,000 into Hyperliquid over the past year, took no withdrawals, and lost the entire stack through a relentless series of leveraged liquidations that culminated on Nov. 18, when his account hit zero. Per Arkham’s on-chain ledger, even the roughly $75,000 in referral commissions Tate earned from bringing traders onto the platform was […] The post Andrew Tate loses everything on Hyperliquid: Inside his leveraged crypto liquidation meltdown appeared first on CryptoSlate.

Solana co-founder Anatoly Yakovenko has unveiled Percolator on Solana, presenting an implementation-ready DEX design for native Perp markets. The release has arrived as Solana’s perp volumes have softened while Hyperliquid and Aster have expanded their share. The post Solana Founder Unveils ‘Percolator’ Perp DEX – A Direct Shot at Aster and Hyperliquid appeared first on Cryptonews.

Hyperliquid’s HIP-3 opens perpetual futures listing to anyone willing to stake $20 million. The question isn’t whether this democratizes the DeFi, but whether the safeguards can handle what comes next. Hyperliquid launched HIP-3 on mainnet in October 2025, introducing a model where any builder can deploy perpetual futures markets without committee approval. Deployers must stake 500,000 […] The post Anyone can now create Hyperliquid perp contracts with $20M: Is DeFi about to break? appeared first on CryptoSlate.

Hyperliquid has rolled out its HIP-3 upgrade, enabling anyone staking 500,000 HYPE tokens to deploy their own perpetual swap markets permissionlessly. Decentralized exchange Hyperliquid has introduced an update that enables third parties to independently launch their own perpetual swap contracts on the platform. Hyperliquid Improvement Proposal 3 (HIP-3) comes into force on Monday, according to the official Hyperliquid Discord channel. This change introduces permissionless, builder-deployed perpetual futures contracts, marking a major step toward fully decentralized perpetual futures listings. HIP-3’s implementation on the decentralized exchange (DEX) allows anyone staking 500,000 HYPE ($20.5 million at the time of writing) to deploy their own perpetual swap contract with independent margining, orderbooks and parameters. Read more

The upgrade marks a major step toward decentralizing Hyperliquid’s derivatives infrastructure, giving builders the ability to launch perpetual futures markets directly onchain.

The sell-off erased over $1.23 billion in trader capital on Hyperliquid and $19 billion across the crypto market in a 24 hours.

Changpeng Zhao (CZ) detailed the accidental rise of Chinese memecoins on BNB Chain and explained why Aster’s hidden orders provide a structural advantage over Hyperliquid. During his Oct. 10 interview with CounterParty TV, the former Binance CEO attributed BNB’s recent meme explosion to an unplanned Mid-Autumn Festival post and outlined his investment thesis, favoring privacy-focused […] The post CZ says Aster’s privacy beats Hyperliquid’s transparent order books appeared first on CryptoSlate.

A Hyperliquid trader lost $21 million in a private key exploit, raising new concerns about DeFi security and user vigilance amid growing DEX activity. On Thursday, a single user on the decentralized trading platform Hyperliquid lost about $21 million after a private key leak led to an exploit involving the platform’s Hyperdrive lending protocol. According to blockchain security company PeckShield, the attacker targeted 17.75 million DAI (DAI) and 3.11 million SyrupUSDC, a synthetic version of the USDC stablecoin used within Hyperdrive, and subsequently bridged the stolen funds to Ethereum. PeckShield has not confirmed how the private key was compromised. Read more

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