Hyperliquid | Crypto

DoubleZero launched a dedicated fiber market data feed for Hyperliquid, giving professional trading firms faster access to its full order book. DoubleZero has launched a dedicated market data feed for Hyperliquid, giving professional trading firms access to the decentralized exchange’s full order book over fiber rather than through its public APIs. The feed includes Hyperliquid’s native perpetual futures and markets operated by trade[XYZ], which uses Hyperliquid’s infrastructure to offer perpetual contracts tied to assets including oil, gold and silver. The Hyperliquid feed was developed with validator operators and ecosystem partners including Hyperion DeFi, MAVAN and Kinetiq. DoubleZero said the service delivers a continuous, ordered stream of market data for market makers, quantitative trading firms, and proprietary trading firms that need faster, more consistent order book updates. Read more

The product gives European investors brokerage access to the LIT token as Bitwise expands its lineup of products tied to decentralized derivatives platforms. Bitwise Asset Management has launched an exchange-traded product (ETP) in Europe tracking Lighter, giving traditional investors a way to bet on one of Hyperliquid’s emerging rivals without buying its token directly. On Wednesday, Bitwise said its Bitwise Lighter Staking ETP (BLIT) had launched on Deutsche Börse Xetra, making it the first exchange-traded product tracking LIT, the native token of decentralized derivatives platform Lighter. The product is fully backed by LIT held in cold storage and carries a 0.85% annual expense ratio. European investors can buy the ETP through a regular brokerage account without buying or holding LIT directly. Read more

Hyperliquid has launched native manual borrowing, extending its trading infrastructure into credit as HYPE climbed to a fresh all-time high above $90. The Sept. 18 rollout lets users pledge HYPE or Bitcoin as collateral to borrow USDC or USDT directly through HyperCore. Hyperliquid said $269 million in assets were borrowed Friday, giving the new product […] The post Hyperliquid opens native lending as HYPE hits new ATH above $90 appeared first on CryptoSlate.

HYPE hit a record $90.92 after Hyperliquid opened manual borrowing, letting users borrow stablecoins against HYPE and Bitcoin collateral. HYPE, the native cryptocurrency of the Hyperliquid layer-1 blockchain and decentralized trading platform, set a fresh all-time high above $90 on Friday as the protocol rolled out manual borrowing. HYPE surged as high as $90.92 shortly after Hyperliquid announced users can now supply HYPE and Bitcoin as collateral to borrow the stablecoins USDC and Tether’s USDt (USDT). “Manual borrows are live on Hyperliquid,” the protocol said, adding that the feature and its portfolio-margin system use the same underlying HyperCore infrastructure. Hyperliquid co-founder Jeff Yan said the design means every borrowed asset comes from a supplier rather than being created through platform-level margin accounting. Read more

DOJ says confidential token-listing plans fueled perpetual-futures trades ahead of Robinhood announcements. The post Robinhood engineers face up to 30 years over $50,000 alleged Hyperliquid profits appeared first on CryptoSlate.

Leveraging its $550 million acquisition of Bitnomial, Payward aims to become the first registered U.S. exchange to deploy markets on the Hyperliquid protocol.

U.S. prosecutors allege two engineers used confidential Robinhood token listing data to front-run announcements using Hyperliquid perpetual futures.

The Crypto Banter founder said Hyperliquid’s network effects give it a strong competitive moat, but regulatory uncertainty remains its biggest threat. Crypto Banter founder Ran Neuner said regulation poses the biggest risk to Hyperliquid, warning that decentralized exchanges could eventually face greater government scrutiny. Speaking on Cointelegraph’s Chain Reaction podcast, Neuner said regulators have begun establishing rules for centralized crypto exchanges and predicted decentralized platforms would be next. “The biggest issue is that we don’t know how regulators are going to treat the decentralized exchanges,” Neuner said. He added: Read more

HIP-3* adds venue-scoped controls without changing existing permissionless markets. The post Hyperliquid tests allowlists that let operators restrict access to their own markets appeared first on CryptoSlate.

Filings show at least $763.7 million raised, leaving at most $236.3 million before discounted share sales face a Nasdaq cap. The post Hyperliquid treasury company increases token buying strategy to $2.5 billion as shares run out appeared first on CryptoSlate.

Crypto wallets linked to the OFAC-sanctioned Lazarus Group moved $30 million in digital assets through Hyperliquid, weeks after regulators said they were working on a path to introduce the exchange into US markets. Crypto wallet addresses linked to the North Korean state-affiliated hacker collective Lazarus Group moved $30 million in digital assets through the decentralized exchange Hyperliquid. The Lazarus-tagged wallets sent funds to Hyperliquid and HyperUnit via Bitcoin (BTC), traded them into Ether (ETH) or Solana (SOL) and bridged them out to Tron, Solana or the Ethereum network, according to blockchain data shared by Arkham analyst Emmett Gallic in a Monday X post. Ultimately, the deposits were sent to crypto exchanges KuCoin and Kraken, as well as Lbank, along with several unlabeled services based on the Tron network. Read more

Crypto projects spent a record $638 million on token buybacks so far in 2026, as more protocols are turning their revenue into buybacks to return more value to token holders. Decentralized exchange Hyperliquid and memecoin launchpad Pump.fun reportedly accounted for nearly 90% of the record $638 million in token buybacks carried out by cryptocurrency projects so far in 2026. Crypto projects spent a record $638 million to repurchase their own cryptocurrencies year-to-date, up from $545 million during the same period in 2025 and $366,000 in 2024, according to Allium Labs data cited by the Financial Times in a Monday report. Of the $638 million, Hyperliquid accounted for roughly $370 million and Pump.fun for nearly $200 million. Token buybacks are similar to share buybacks by publicly listed companies, which buy back their own stock to support their share prices and increase returns for existing shareholders. Read more

President Donald Trump said Aug. 19 that CFTC Chair Michael Selig is working to bring Hyperliquid to the US in a fully compliant, legal way. Hyperliquid's official interface currently keeps US persons off the platform, part of the regulatory geography that let crypto's largest perpetual futures venue grow up outside American oversight. Hyperliquid processed over […] The post US rule rewrite looms for $200B on-chain venue Hyperliquid as Trump signals onshore approval appeared first on CryptoSlate.

HYPE reached $72 after Trump said the CFTC was pursuing compliant US access for Hyperliquid, though no formal regulatory plan has been released. Hyperliquid’s native token surged more than 20% over 24 hours after United States President Donald Trump said regulators were working on a compliant pathway to make the decentralized trading platform available to American users. HYPE traded around $62 immediately before Trump’s remarks and subsequently jumped as much as 16% to a 24-hour high of $72.28, according to CoinGecko. It later settled to about $70, up approximately 20% in the last day, with 24-hour trading volume reaching $1.4 billion.  “I understand that Mike is also working to bring Hyperliquid into the United States in a fully compliant and legal fashion,” Trump said during a Wednesday White House event, referring to Commodity Futures Trading Commission (CFTC) Chair Michael Selig. “Working very hard on that.” Read more

A new preprint says off-book routing damped liquidation feedback inside Hyperliquid, while wider market effects remain untested. The post Shifting $576M of forced sales off public order books saved Hyperliquid from a systemic crash appeared first on CryptoSlate.

Hyperliquid traders value Unitree at nearly $38 billion versus $9 billion at its IPO, leaving leveraged bets vulnerable when trading begins, Allium analysts said.

Tokenized real-world assets accounted for more than a third of Hyperliquid’s quarterly trading volume, generating 6.6% of the protocol’s $169 million quarterly revenue. Tokenized real-world asset (RWA) trading now accounts for more than 33% of the trading activity on decentralized exchange Hyperliquid. HIP-3 RWA perpetual contracts saw their share of trading volume increase to 32.2% during the second quarter of 2026, up from 20.7% in Q1 and 1.8% in Q4 of 2025. RWA trading volume reached $213 billion during Q2 on Hyperliquid, according to its quarterly report published on Wednesday. Hyperliquid said that RWA trading generated 6.6% of the protocol’s quarterly revenue of $169 million. Of that $169 million, the platform said it returned $141 million to token holders through Hyperliquid (HYPE) token buybacks. Hyperliquid reported over $1 billion in cumulative protocol revenue. Read more

After leading crypto ETF inflows in May and June, demand for Hyperliquid funds stalled in July and August as competition intensified, the bank said.

RWA perpetual futures reached 99.2% of Bitcoin perpetual volume on Hyperliquid and Binance as tokenized equities led trading. Perpetual futures tied to tokenized stocks and commodities generated nearly as much trading volume as Bitcoin perpetuals on two of the largest venues for the products over the past week, according to Talos. Combined seven-day volume across tracked real-world asset (RWA) perps reached $61.7 billion, equal to 99.2% of Bitcoin perpetual volume on Hyperliquid and Binance, where most trading activity is concentrated, Talos told Cointelegraph in an email summary citing a data snapshot taken on Thursday. Tokenized equity contracts accounted for 57.8% of the total, followed by commodities at 28.2%. Read more

Investors are withdrawing money from Hyperliquid-linked exchange-traded funds for the first time since the products launched. Data from SoSoValue shows that the three funds have recorded more than $13 million in net outflows in July, putting them on course for their first negative month after attracting about $280 million since inception. Nearly $27 million has […] The post Hyperliquid’s token is tanking as ETF investors flee, so why does Grayscale think it is massively undervalued? appeared first on CryptoSlate.