30 stories about Hyperliquid from across the crypto press, curated and summarized daily. Most recent: Aug 31, 2026.
Hyperliquid, a decentralized derivatives exchange, is partnering with Payward, the parent company of Kraken, to enter the US market. The deal is pending regulatory approval from the CFTC, with Payward already outlining the proposed structure.
Blockchain data reviewed by CoinDesk shows wallets tied to North Korea's Lazarus Group sold more than $30 million in bitcoin on Hyperliquid in the last three weeks, as former President Trump pushes to bring the platform onshore to the U.S.
Hyperliquid's Policy Center is urging the SEC and CFTC to harmonize regulations for perpetual contracts as its own multi-asset perpetuals gain scale and draw scrutiny from traditional exchanges.
Hyperliquid's revenue has dropped for four straight quarters while its open interest hit a record high. The decline is partly due to a fee-sharing program that gives half of the platform's volume to external builders.
The convergence of traditional finance with on-chain infrastructure is laying the groundwork for the next crypto market expansion. As decentralized applications adopt revenue-sharing tokenomics and tokenized real-world assets expand, smaller application tokens are gaining significant momentum.
Hyperliquid is capitalizing on the volume and depth of its order book by giving firms the option to compose with the platform’s shared liquidity, rather than fragmenting it. This move aims to make crypto derivatives more accessible and efficient for users.
For the first time, tokenized real-world assets (RWAs) became the largest trading category on the Hyperliquid decentralized exchange, making up over half of its weekly trading volume. This shift highlights growing interest in crypto-backed real-world investments.
Hyperliquid is introducing permissionless prediction markets, first on testnet and later on mainnet, as part of the HIP-4 upgrade.
JPMorgan warns that Hyperliquid's partnership with Circle and Coinbase creates a "prisoner's dilemma" that puts pressure on earnings from the dollar-pegged stablecoin USDC, potentially affecting its stability and reliability for users.
Hyperliquid's HIP-3 markets have surged to nearly 50% of the platform's perpetual trading volume, up from just 2% at the start of the year. This growth is driven by increasing interest in onchain stock trading.
Hyperliquid's newly launched ETFs have pulled in $172 million since their debut, while U.S. spot Bitcoin ETFs lost $5.6 billion over the same period. This divergence highlights a growing preference for alternative crypto investment products.
A Hyperliquid-backed lobby group and Paradigm are urging the US to revise a proposed anti-money laundering rule that could restrict decentralized stablecoin usage on public blockchains, potentially impacting how people use stablecoins for transactions and DeFi services.
Yan Liberman argues that judging crypto projects like Venice by traditional value accrual metrics is premature. He highlights Hyperliquid as an example of a project with a strong business model.
The UK's Financial Conduct Authority (FCA) has issued a warning to Hyperliquid, a crypto derivatives platform. This adds to growing regulatory pressure on perpetual contracts (perps) in the crypto market. The FCA is concerned about potential risks to consumers and market integrity.
Institutional investors are ditching range-bound bitcoin and ether for Hyperliquid as the decentralized platform wins over hedge funds with massive liquidity and early access to hot markets, according to Joshua Lim, head of markets at FalconX.
TD Securities reports that Hyperliquid, a crypto-based trading platform, predicted 80% of an oil market move before traditional exchanges opened. This highlights the growing influence of perpetual futures beyond crypto, including pre-IPO tech stocks and weekend oil trading.
Intercontinental Exchange (ICE) CEO Jeffrey Sprecher said Hyperliquid, a crypto-native trading platform, is 'bigger than NASDAQ' and revealed he has met its founders. This signals deepening engagement between traditional finance and decentralized trading infrastructure.
Grayscale, a major digital asset manager, believes Hyperliquid could become a dominant player in financial services, expanding beyond crypto trading into traditional derivatives and exchange markets. This reflects growing confidence in decentralized finance (DeFi) infrastructure.
Grayscale is in talks to invest $115 million in HYPE tokens as part of a seed investment. This follows the recent launch of HYPE-based ETFs by 21Shares and Bitwise Investments earlier this month. The investment could boost Hyperliquid’s market presence and token value.
A 45% crash in Hyperliquid's SpaceX token contracts liquidated $1.5 million in retail trader positions. The market couldn't absorb the sudden selloff, highlighting risks in crypto derivatives.
Hyperliquid has introduced HIP-4, a new product allowing traders to bet on macroeconomic events like inflation and interest rates. Unlike competitors, it uses validators instead of external dispute resolution for settlements.
Hyperliquid is expanding beyond crypto into pre-IPO markets and prediction contracts, offering 24/7 trading. This puts traditional exchanges on notice, according to a new report by FalconX.
Hyperliquid's new revenue-sharing deal with USDC could move $160 million in revenue from Coinbase and Circle. This could boost Hyperliquid's HYPE token and put pressure on competitors' margins, according to analysts.
Bitwise has introduced a new fund, BHYP, offering spot exposure to Hyperliquid’s HYPE token. The fund will stake a portion of its holdings, providing staking rewards to investors.