Hyperliquid’s HYPE reached a record high against Coinbase shares as the HYPE/COIN ratio climbed to 0.2514, according to TradingView. The move was accompanied by $8.28 billion in trading volume, highlighting intense market interest in the pair.
A sharp plunge in Brent crude — the steepest one-day drop since early 2020 — triggered widespread liquidations among leveraged Hyperliquid (HYPE) traders, wiping out many long positions. The spillover highlights how commodity shocks can quickly amplify crypto volatility.
Grayscale says it aims to make meme coin trading accessible through mainstream brokerages, tapping into strong derivatives demand exemplified by Hyperliquid's recent surge. Hyperliquid reports weekly derivatives volume above $50 billion and daily fee revenue of $1.6 million.
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.
West Texas crude spiked to $115 per barrel on the decentralized exchange Hyperliquid over the weekend as rising Middle East conflict and surprise production cuts by Kuwait and the UAE rattled energy markets. The move sent volatility through HYPE markets and on-chain oil exposure.
Hyperliquid announced a $29 million lobbying initiative through its Hyperliquid Policy Center; CEO Jake Chervinsky warned that financial markets are moving onto blockchains and urged the U.S. to adopt new rules or risk being left behind.
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.
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.
Analysts link BTX Capital to a coordinated trading setup on Hyperliquid that jolted POPCAT prices; on-chain patterns suggest manipulation. The episode raises fresh questions about market surveillance and liquidity risk for small tokens.
Binance CEO Changpeng Zhao denied any involvement in a wallet exploit tied to Hyperliquid, saying observers misread on-chain activity. Hyperliquid is investigating while CZ warned against spreading unverified claims.