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Hyperliquid’s stablecoin race drew bids from Agora, Paxos, and Frax this week, but another headline move is Circle’s plan to deploy native USDC and Cross-Chain Transfer Protocol (CCTP) V2 on…
Amid the competition to secure a role in providing stablecoin infrastructure for USDH, Hyperliquid’s native crypto token HYPE climbed to a record peak of about $51.84 per coin. Interest in…
This week, Hyperliquid received competing proposals from Paxos, Agora, and Frax to supply stablecoin infrastructure for USDH, with each bidder emphasizing regulatory posture, distribution, and how yield from reserves would…
Hyperliquid, a decentralized exchange (DEX) platform, delisted the JELLY token on March 26, 2025, following suspected market manipulation that triggered a $10.63 million loss, prompting emergency intervention by its validator…
On Jan. 20, 2025, Hyperliquid, a decentralized perpetual exchange powered by a custom-engineered, high-performance layer one (L1) blockchain, revealed it had reached a series of unprecedented milestones in trading volume.…
According to the Hyper Foundation, the organization associated with the Hyperliquid ecosystem, users can now stake HYPE on the network. The foundation detailed that users can stake HYPE to a…
Addresses linked to North Korean hackers have lost nearly half a million dollars betting on ether using Hyperliquid, a decentralized exchange with its own layer one (L1) blockchain platform. While…
Ethena has proposed integrating its liquidity and hedging engine into Hyperliquid, a layer one (L1) blockchain set to launch its EVM mainnet. The proposal includes adding USDE, Ethena’s stablecoin, within…