Events

Grayscale, which manages about $35 billion in assets, has filed registrations for Delaware statutory trusts for proposed spot ETFs tied to BNB and Hyperliquid's HYPE token. The filings are an initial procedural move that typically precedes formal SEC applications as the firm expands its crypto product lineup.

Flare's FXRP rollout on Hyperliquid places XRP on an on-chain spot orderbook, enabling FXRP/USDC trading, bridging assets between the XRPL and Flare, and opening DeFi opportunities like lending and staking, steps that can strengthen XRP's liquidity, adoption and wider XRPFi participation.

Hyperliquid has rejected allegations of insolvency and poor transparency, stating that user funds are fully backed and can be verified on‑chain. The company says critics’ assertions — including a purported $362 million collateral shortfall — stem from incorrect or incomplete readings of its on‑chain data and internal controls.

Hyperliquid denied insider trading allegations tied to HYPE shorting, saying the suspicious wallet belonged to an employee dismissed in early 2024, and has imposed a strict platform-wide ban on staff HYPE trading to ensure fairness and protect investors.

The Hyper Foundation has submitted a validator vote to permanently declare nearly $1 billion of HYPE held in Hyperliquid’s Assistance Fund as burned, formalizing a binding social consensus that these tokens are removed from both circulating and total supply and will remain inaccessible in any future upgrades.

Bitwise Asset Management has updated its SEC filing for the proposed Bitwise Hyperliquid (BHYP) spot ETF, adding fees and final registration details, signaling strong demand and positioning the fund for potential U.S. approval and launch before year-end despite bearish crypto markets.

Hyperliquid Strategies, coming off its Nasdaq debut and a $1 billion shelf registration, has authorized a discretionary $30 million share repurchase program over the next 12 months to raise per-share exposure to its HYPE digital-asset treasury.

Shareholders of Hyperliquid and Sonnet approved a merger that lets the combined group seek a $1 billion HYPE-focused digital-asset treasury. It could add notable buying pressure and draw renewed market interest as HYPE rebounds from recent lows.

Hyperliquid’s token HYPE has ticked up to around $36 despite persistent downside pressure. A wallet linked to the project team restaked and moved about $90 million in tokens ahead of a major scheduled supply unlock, while rising chain fees have left traders divided over whether this marks a sustained recovery or a short-lived bounce before renewed volatility.

More than $566 million in token unlocks are slated for late November 2025, led by Hyperliquid’s HYPE tranche exceeding $314 million. The schedule drew attention after a $4.1 million whale purchase, and Arthur Hayes warned such large unlocks can create unavoidable sell pressure and market uncertainty.

A sophisticated manipulation scheme involving the POPCAT token led to a nearly $5 million loss for Hyperliquid's vault, highlighting vulnerabilities in decentralized exchanges. Anonymous traders used complex strategies to mislead the market, raising concerns about systemic risks in such trading environments.

Hyperliquid paused transactions after a trader manipulated the price of memecoin POPCAT, causing widespread liquidations and market unease, with a surge in trading volume and significant financial losses.

Zcash has surged to over $600 for the first time since 2018, regaining a spot in the top 20 cryptocurrencies with a market cap exceeding $10 billion. This price increase, driven by industry support and investor demand, suggests a potential shift in the privacy-coin market dynamics.

21Shares filed for approval to launch a Hyperliquid ETF, aiming to integrate digital asset exposure into traditional markets. This follows their acquisition by FalconX and reflects growing interest in crypto derivatives amid recent launches of other crypto ETFs.

HYPE token's price surged to $98 on Lighter Exchange due to a bot malfunction, before dropping back. This incident, which involved no user losses, highlighted potential issues in algorithmic trading and transparency within DeFi platforms.

HYPE token experiences a significant price surge after its listing on Robinhood and announcement of a $1 billion treasury raise, with experts predicting a possible 40% rally driven by strong market momentum and strategic company plans.

Hyperliquid's native token HYPE saw substantial gains, rallying over 13% after being listed on Robinhood. Despite previous negative trends, the token's performance appears promising, contributing to the global crypto market's slight improvement. However, caution remains as the broader market sentiment is still gripped with fear.

Hyperliquid Strategies is aiming to raise $1 billion through an SEC filing to purchase HYPE tokens, potentially boosting institutional crypto adoption and expanding market access by bridging traditional finance with decentralized assets.