HYPE briefly reached a $10 billion market cap on March 20, 2026, pushing past Cardano (ADA) into the top 10 amid rapid price gains and fast product expansion. The move underscores growing investor interest in active, product-led projects.
Hyperliquid has launched the first official S&P 500 perpetual, enabling 24/7 on-chain trading of the U.S. benchmark. The product debuts within Hyperliquid's HYPE ecosystem to provide continuous index exposure in DeFi.
Trove Markets is accused of selling more than $10 million in HYPE tokens within 24 hours, triggering fraud allegations and community scrutiny. The decentralized perpetuals exchange runs on Hyperliquid’s HIP-3 protocol.
Reports show Michael Burry has taken a bearish position against HYPE amid surging online interest in AI tokens. Heavy short exposure and spiking social volume point to a possible market inflection.
On Nov 19, 2025 SafePal announced integration of Hyperliquid perpetuals into its wallet and trading suite, giving users in-app access to perpetual contracts including HYPE. The addition expands SafePal's DeFi product set and may increase on-chain liquidity for HYPE and SFP.
An anonymous trader reportedly burned $3 million in a coordinated scheme that forced roughly $5 million in losses at the Hyperliquid protocol, using $26 million in POPCAT positions and a fake $20 million buy wall to manipulate liquidations.
A coordinated attack on Hyperliquid's Hyperliquidity Provider (HLP) vault drained nearly $5M, with the attacker reportedly burning $3M as part of the exploit. The incident heightens DeFi derivatives security concerns and puts pressure on HYPE token holders.
An alleged market manipulation on Hyperliquid saw an anonymous trader fake a $20M buy wall and spend roughly $3M in minutes, triggering a POPCAT flash crash and about $4.9M in suspicious flows, community observers say.
Hyperliquid reportedly suffered a $4.9 million loss after a whale-driven manipulation of the POPCAT memecoin triggered liquidations in the platform's liquidity pool. The event underscores memecoin volatility risks for HYPE liquidity providers.
A single trader burned roughly $3 million to create about $5 million of loss in Hyperliquid’s vault, an on-chain episode observers called "performance art." The move has sparked fresh debate over protocol risk and market manipulation.