
Hyperliquid Records Half a Billion in Weekly Inflows, HYPE Tests a Major Resistance
Hyperliquid has shattered records with $548 million in weekly inflows and a $5.6 billion open interest milestone, fueled by Hyperbridge launch.
Hyperliquid has shattered records with $548 million in weekly inflows and a $5.6 billion open interest milestone, fueled by Hyperbridge launch.
The prices of the two altcoins have been observed to be moving at a significantly higher pace than other coins.
This launch allows for spot transfers between native spot HYPE and HyperEVM HYPE.
Hyperliquid (HYPE) and Mantra (OM) have shown strong gains in the past 24 hours while the broader crypto market plummeted.
Hyperliquid’s growing success can be attributed to several factors that make it stand out in the crowded world of decentralized exchanges.
Hyperliquid shed light on several specific points beginning with the validator qualification process.
With the fresh recovery run plans for the week ahead, Hyperliquid is ready to prolong the massive bull run. Although the Hyperliquid growth trajectory forms a bullish pattern, the North Korean hackers scare away the users, drying the netflows.
HyperLiquid users are flagging fund exodus amid links with North Korean hackers.
Hyperliquid’s surge is driven by its community-first approach, with its native HYPE token soaring 774.73% in just one month.
HyperLiquid’s perpetuals trading volume has exceeded $500 billion in 2024, with Ether leading recent activity at $7 billion.
Hyperliquid reserved 38.8% of the total token supply for future rewards and incentives, emphasizing its long-term focus on rewarding its community.
The launch of the Hyperliquid L1 network with a native order book DEX has attracted notable attention from crypto traders due to its high speed and deep liquidity.
The token will power several areas of Hyperliquid’s ecosystem.
Thanks to massive improvements in speed, interface design, liquidity, and supported assets, onchain perps is one of the fastest growing and most innovative DeFi verticals.