News linked to both this project and an event.
a report released by FalconX shows that the crypto derivatives platform Hyperliquid is expanding from perpetual contracts to pre-IPO trading, prediction contracts, and tokenized real-world assets, beginning to compete with traditional exchanges and prediction market operators. The report indicates that Hyperliquid's HIP-3 market allows users to trade stocks, commodities, forex, and pre-IPO contracts 24/7, with traders already using it for pre-IPO speculation on companies such as Cerebras, Anthropic, and SpaceX. The HIP-4 outcome market allows traders to place binary bets on political, economic, and crypto events.In terms of capital inflows, the HYPE spot ETFs launched by 21Shares and Bitwise have attracted a combined $53 million in inflows within just a few trading days. Hyperliquid's USDC partnership with Coinbase and Circle is expected to generate up to $160 million in annual protocol revenue. FalconX warns that CME and ICE have expressed concerns to regulators about potential market manipulation risks on the Hyperliquid market. Nevertheless, Hyperliquid continues to lead the decentralized perpetual contract market in terms of trading volume, revenue, and total value locked. (CoinDesk)
Odaily reports, according to Onchain Lens monitoring, a whale sold 151,570 HYPE at an average price of $61.63 over the past 24 hours, receiving $9.34 million, and also sold 130 BTC at an average price of $77,047, receiving $10 million.
According to on-chain analyst Onchain Lens (@OnchainLens), Loracle (@loraclexyz) has opened a new 3x short position on VVV, which is currently its only profitable position. It also holds long positions in HYPE, BTC, LIT, XYZ100, and TSLA, as well as a smaller short position in TON, with a total value of approximately $141 million and unrealized losses exceeding $30 million.
According to on-chain analytics platform Lookonchain (@lookonchain), a trader who previously shorted HYPE before its price surge is now closing their short position while simultaneously selling HYPE. This address has unstaked 443,180 HYPE tokens—valued at approximately $27 million—with 231,899 HYPE tokens already sold for roughly $14.15 million. The remaining 211,281 HYPE tokens—worth about $13 million—are still being sold. Additionally, the trader maintains an open short position of 141,500 HYPE tokens—valued at approximately $8.67 million—with unrealized losses exceeding $2.5 million.
according to on-chain analyst Ai Yi's monitoring, the 1011 whale that suffered a $230 million liquidation placed another order in the early hours of today, planning to buy $2.475 million worth of HYPE at $61.98. After depositing $40 million into Hyperliquid, the account overview is as follows:1. HYPE Spot: Holding 148,000 tokens, valued at $9.127 million, with an unrealized profit of $624,000;2. Long BTC with 5x leverage: Holding 504 BTC ($38.88 million), with an unrealized loss of $160,000;3. Short ZEC with 3x leverage: Holding 57,000 ZEC ($37.54 million), with an unrealized loss of $1.54 million.
According to Onchain Lens monitoring, 4 hours ago, a whale sold 101,156 HYPE at $63.06 after remaining dormant for 8 months, exchanging them for 6.38 million USDC.
According to Lookonchain monitoring, Garrett Jin (@GarrettBullish), an agent of the “1011 insider whale,” has accumulated a total of 145,050 HYPE tokens over the past 4 days, worth approximately $9.05 million. He has also set a TWAP order to purchase an additional 39,940 HYPE tokens, valued at about $2.44 million.Furthermore, he currently holds 504.4 BTC long positions, with a position value of around $38.9 million; concurrently, he holds 57,460 ZEC short positions, with a position value of about $38 million. His overall floating loss currently stands at approximately $2.11 million.
According to HyperInsight monitoring, Loracle—the largest short position holder for HYPE—placed a $75 million short order at $64 this morning. Additionally, it opened a new short position on VVV earlier today. As of press time, Loracle’s total short position value stands at $143 million. Its largest short position is 1,805,507.53 HYPE tokens, with a liquidation price of $89.
according to Onchain Lens monitoring, the “1011 Insider Whale” agent Garrett Jin (0x92e...0e9) has increased his HYPE holdings to 144,183 tokens, worth $9.03 million. He still holds a 5x long position on BTC and a 3x short position on ZEC, with floating losses exceeding $1.8 million.
According to Onchain Lens monitoring, a whale deposited 15.1 million USDC into Hyperliquid over the past four hours and purchased 238,811 HYPE tokens at an average price of $63.24. Of these, 10,000 HYPE tokens have already been staked.
according to Onchain Lens monitoring, as HYPE broke through $63 to hit a new high, the whale "0x082" currently has an unrealized profit of over $33.3 million on its 5x leveraged HYPE long position. Additionally, Loracle currently has an unrealized loss of $31.4 million on its 5x leveraged short position.
According to Forbes, Hyperliquid’s native token HYPE hit an all-time high of over $62 on May 21. The market widely attributes this surge to institutional capital inflows following the launch of the first U.S. spot ETFs; however, analysis indicates that the true driver behind the price increase is the protocol’s built-in, ongoing buyback mechanism.
Hyperliquid has recently significantly outperformed the broader market. Its token, HYPE, hit an all-time high following the launch of two related ETFs in the United States. Meanwhile, European traders are accelerating their migration to the platform due to restricted access to perpetual contracts on regulated exchanges. Market analyst Michael van de Poppe stated that with Hyperliquid's continued rally and renewed interest in AI-related crypto projects, signs of improving risk appetite are emerging in the altcoin market. Hyperliquid’s expansion into tokenized stocks, commodities, and pre-IPO assets is strengthening the on-chain asset tokenization trend. He suggested that if market sentiment continues to improve, HYPE’s price could target $100 or even higher.However, Michael van de Poppe also stressed that while Hyperliquid holds a short-term advantage, Solana offers greater long-term investment certainty, transitioning from a "speculative ecosystem" to institutional-grade infrastructure. In the AI track, he noted that NEAR Protocol and Bittensor remain significantly undervalued, citing a disconnect between their fundamental growth and valuations. He pointed out that NEAR’s revenue growth potential and Bittensor’s subnet expansion could support higher valuation ranges. Additionally, he indicated that the privacy sector retains long-term demand, but fully anonymous systems face regulatory pressure. The future is more likely to be dominated by zero-knowledge proofs and compliant privacy solutions.On the macro level, Michael van de Poppe highlighted that bond yields and central bank policies remain the core drivers of the crypto market, with changes in Japanese government bond yields potentially serving as a key barometer. (CoinDesk)
According to on-chain analyst EmberCN's monitoring, as ETH has fallen near the $2,000 mark, the largest long position holder on Hyperliquid is now facing an unrealized loss of $27.92 million on their 120,000 ETH ($2.71 billion) long position. The average entry price for this 120,000 ETH long position is $2,261, and ETH is now approaching a drop below $2,000. The liquidation price for two of the addresses is around $1,750, while the liquidation price for the other two addresses is around $1,350.
according to Onchain Lens monitoring, "1011 Insider Whale" agent Garrett Jin (@GarrettBullish) opened a 3x short position of 57,460 ZEC on the Hyperliquid platform, valued at $34.47 million, and increased his HYPE holdings to 68,560 tokens, worth $38 million.The address still holds a 5x long position of 504 BTC, with an unrealized loss of $920,000.
that, according to monitoring by on-chain analyst Ai Yi, an address suspected to be associated with a16z has withdrawn 114,533.98 HYPE (worth $6.45 million) from exchanges and market makers in the past 24 hours, at an average withdrawal price of $56.31. Since 2026, this entity has accumulated a total of 5.93 million HYPE, with a total value of $240 million and an unrealized profit of $86.72 million.
Bloomberg ETF analyst James Seyffart posted that Grayscale has resubmitted its Hyperliquid ETF application, this time filing Amendment No. 3. The filing indicates that, if approved for listing, the ETF will trade under the ticker symbol GHYP. James Seyffart noted that this brings the product closer to launch—potentially resulting in three ETFs tracking $HYPE listed on U.S. exchanges.
According to on-chain analyst Onchain Lens (@OnchainLens), an Arthur Hayes-associated wallet deposited 115,453 HYPE tokens—worth approximately $6.33 million—and 1.76 million AERO tokens—worth approximately $785,000—into Bybit. Data shows that Arthur Hayes currently still holds 247,334 HYPE tokens, valued at approximately $13.6 million.
Bitwise's Hyperliquid ETF (BHYP) reached $30.5 million in assets under management within its first five trading days, with net inflows of $26.9 million. (Cointelegraph)
According to Hyperinsight monitoring data, Hyperliquid’s cross-chain bridge has seen a significant increase in capital inflows. As of yesterday (approximately 10 hours ago) UTC time, USDC bridged into Hyperliquid over the past 24 hours exceeded $268 million—its highest level since February 7. Net inflows surpassed $173 million, reaching the highest level in nearly 10 months (since August 22 last year). On the same day, the total value locked (TVL) across Hyperliquid’s cross-chain bridges reached $4.02 billion. At press time, Hyperliquid’s trading volume over the past 24 hours stood at $7.84 billion, with open interest totaling $9.6 billion. Meanwhile, trade.xyz recorded a 24-hour trading volume of $2.59 billion and open interest of $2.49 billion during the same period.