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.
Binance will automatically settle and delist USDⓈ-M perpetual contracts for BID/USDT, DMC/USDT, ZRC/USDT and TANSSI/USDT on January 21, 2026 at 09:00 UTC. Traders with open positions should take action before the scheduled settlement to avoid forced closure.
Synthetix announced it has redeployed to the Ethereum mainnet, with founder Kain Warwick saying “we can run it back” and predicting other perpetual DEXs will follow. The move highlights renewed confidence in Ethereum’s performance and could shift liquidity back on-chain.
Cascade has launched a neo-brokerage offering round-the-clock perpetual contracts that let retail traders use a single margin account to trade both crypto and U.S. stock perpetuals.
OKX will remove USDC-margined perpetual futures effective December 11, 2025, citing a push to improve market liquidity and the trading experience. Traders should close or roll positions before the deadline as liquidity may shift to other stablecoin-margined contracts.
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.
SGX’s derivatives arm announced it will start trading perpetual futures for BTC and ETH, aiming to expand institutional crypto access and liquidity in Asia.
A TSLA-USDH perpetual contract has launched on the Hyperliquid decentralized exchange via the Felix Protocol, offering on-chain exposure to Tesla shares with tailored trading parameters. The move expands tokenized equity access for DeFi traders and uses the HYPE ecosystem.
Pacifica has become the largest perpetuals DEX on Solana, surpassing Jupiter in daily, weekly and monthly trading volume. On-chain volume trends show Pacifica leading across primary timeframes.
Arkham Intelligence reported abnormal on-chain trading before POPCAT's sharp drop and says roughly $5M of bad debt was pushed to Hyperliquid's Hyperliquidity Provider (HLP). The findings raise manipulation and liquidity-provider risk concerns for the decentralized perpetuals platform.