News linked to both this project and an event.
Odaily News: According to official Kraken announcements, Kraken has listed the wrapped HYPE asset kHYPE. kHYPE is a wrapped asset for HYPE, backed 1:1 by HYPE held in Kraken custody, with related reserves verifiable on-chain. Additionally, kHYPE can be used in DeFi applications on the Ink chain and supports redemption back to HYPE at any time.
Odaily News: HyperliquidNews posted on platform X, stating that Kraken has announced the listing of Wrapped HYPE on its Layer 2 network INK, with the token named kHYPE, which could easily be confused with a token of the same name launched by Kinetiq.
Trader Bonk Guy (Unipcs) posted that he has long considered USELESS to be this cycle's equivalent to DOGE, SHIB, or PEPE, yet many continue to disregard it. He noted that South Korea's two major centralized exchanges, Upbit and Bithumb, listed USELESS just hours apart today, granting it a major new distribution channel from one of the world's key crypto markets. Bonk Guy further emphasized that attention should remain on whether USELESS will be listed on Hyperliquid, Robinhood, or Binance Spot next. He argued that instead of debating whether USELESS will emerge as this cycle's flagship memecoin, focus should shift to how high its price can potentially reach, as the underlying pattern is becoming increasingly clear. He also noted that investors can either accumulate USELESS now or wait until its market cap reaches several billion dollars, perceiving that stage as "safer".
Odaily News, according to an official announcement, Gate has officially launched stock event contracts. The first phase exclusively features four popular stock underlyings: MU (Micron Technology), SNDK (SanDisk), SKHYNIX (SK Hynix), and Unitree Robotics, while simultaneously opening 5-minute and 15-minute short-cycle bullish/bearish trading markets.It is reported that Gate has become the first trading platform to support stock event contracts, further extending event contract trading coverage to both crypto assets and traditional stocks. Currently, the platform supports crypto assets such as BTC, ETH, SOL, XRP, DOGE, HYPE, and BNB, as well as stock underlyings including MU (Micron Technology), SNDK (SanDisk), SKHYNIX (SK Hynix), and Unitree Robotics. Users do not need to use leverage or pay margin, and only need to predict the price direction of the underlying within a specified time period to participate in trading. At present, users can access trading via the Gate App or official website by navigating to [Contracts] - [Event Contracts] and filtering by the [Stocks] category.
Odaily News – Hunter Biden, son of former U.S. President Joe Biden, has recently been frequently expressing public support for cryptocurrency. In June of this year, Hunter Biden stated, "Decentralized digital currencies and blockchain are the inevitable future"; the same week, when asked about his views on cryptocurrency, he replied directly, "Hyperliquid." Additionally, he mentioned that when deciding to sell his artwork, he wanted each piece to be placed on-chain and accept Bitcoin payments, adding that Andreas Antonopoulos' book "The Internet of Money" had "opened his eyes."Hunter Biden has re-emerged in the public eye this year, setting up an X account and a Substack, while frequently appearing on podcasts and news programs. Recently, he also discussed the possibility of running in the 2028 U.S. presidential election, saying he "hasn't made a decision yet" when asked if he might run for president; he had previously told billionaire John Catsimatidis that if he had his support, he might "have no choice but to run."Forbes also noted that Hunter Biden was convicted in 2024 on three felony gun charges and pleaded guilty to separate tax-related criminal charges later that year, before receiving a full pardon ahead of Joe Biden's departure from office. (Forbes)Earlier reports indicated that Hunter Biden, son of the former U.S. president, would launch a Meme coin called LAPTOP, scheduled to go live on September 9 on Coinbase's Base network.For more related LAPTOP content, you can read: "Biden's Son Launches Meme Coin LAPTOP, Also Plans Airdrop for TRUMP Holders"
According to on-chain analyst Mlm onchain, TradeXYZ has completed the HIP-4 DEX deployment on Hyperliquid. On-chain transaction records show that the deployment was completed at 21:15 Beijing Time on September 5.
Odaily News: Connecticut Attorney General William Tong and State Banking Commissioner Jorge Perez issued a consumer alert on September 3 stating that a resident deposited $200,000 into an unregulated DeFi crypto trading platform following suspected deception, and the funds are currently unrecoverable.The alert lists seven offshore DeFi platforms—GMX, Gains Network, dYdX, Aevo, Drift Protocol, Vertex Protocol, and Hyperliquid—but does not specify that the resident used any of them.Connecticut officials noted that some platforms offer leverage of 50x, 100x, and up to 250x; the related perpetual contracts also involve risks associated with liquidation, funding rates, smart contracts, and oracles.The alert also covers perpetual contracts linked to Apple, Tesla, Nvidia, and SpaceX, stating that these correspond to synthetic prices rather than actual stocks. Officials remind residents to verify the registration status of crypto services, retain transaction and communication records, and promptly report suspected scams. (Bitcoin.com News)
Hyperliquid plans to lower the minimum order notional amount for Outcome contracts from $10 to $1 in its next network upgrade, while introducing a deployer remaining quota query feature. The specific upgrade time has not yet been announced.
Odaily News - Prediction market platform Polymarket launched its perpetual contract product, Polymarket Perps, on September 3. The initial offering covers 10 contracts including Bitcoin, Ethereum, Solana, HYPE, Gold, Silver, WTI Crude Oil, S&P 500, Nasdaq 100, and a contract tracking SpaceX stock, expanding to 67 markets within hours.The product has no expiration date, with contract prices continuously tracking the underlying assets. It maintains anchoring to spot prices through funding rates settled hourly, with funding rate caps at 4% per hour in both directions. Cryptocurrencies, the S&P 500, crude oil, gold, and silver support up to 20x leverage, while individual stocks and other real-world assets support up to 10x.U.S. traders are unable to place Perps orders and will be directed to Polymarket US, which is regulated by the Commodity Futures Trading Commission (CFTC). This arrangement stems from Polymarket's 2022 settlement with the CFTC, in which the company was fined $1.4 million for operating an unregistered swap execution facility and was required to cease related non-compliant contracts. (Decrypt)
Odaily News: According to HyperliquidNews monitoring, the HIP-3 market has generated cumulative fees of $66.06 million, of which $33.03 million has been allocated to HIP-3 deployers, and $33.03 million has been used for Hyperliquid native buybacks and burns.
Odaily News, HyperliquidNews announced on X that TTWO is now live on Hyperliquid, supporting 10x leverage, with @tradeparagon serving as deployer.
Odaily Odaily News: After Hyperliquid opened third-party permissionless deployment of the HIP-4 prediction market layer on August 29, platform trading volume grew rapidly. In the first 28 days of August, HIP-4 had an average daily trading volume of approximately $545,000. After the permissionless deployment, daily trading volume rose to $1.97 million on August 31, with trading volume over the past 24 hours reaching $2.75 million. The number of active traders increased from 1,256 to 1,841. Prediction market project Outcome currently accounts for nearly 85% of HIP-4's trading volume, and its $1 million trading incentive program has further driven liquidity growth. Hyperliquid's unified account system allows prediction markets to share the same account environment as perpetual contracts and HIP-3 assets, enabling users to hedge perpetual positions using prediction market contracts. Sports prediction markets could become the primary growth space for HIP-4. Previously, during the World Cup, HIP-4-related markets accumulated a total trading volume of $189.5 million, accounting for approximately 3% of global World Cup prediction market trading volume. The main constraint HIP-4 currently faces is regulatory access, rather than on-chain deployment. The U.S. market falls under regulatory frameworks such as the CFTC and SEC, and sports-related prediction markets in particular may trigger gambling-related regulatory scrutiny.
According to Onchain Lens, Multicoin Capital has transferred an additional 63,200 HYPE to Coinbase, worth approximately $5.23 million. Since the update yesterday, it has cumulatively transferred 261,600 HYPE to Coinbase, valued at around $21.72 million.
Coinbase announced on the X platform that cbHYPE and cbZEC are now live on the Base network. cbHYPE and cbZEC are Coinbase-custodied B20 tokens pegged to Hyperliquid (HYPE) and Zcash (ZEC) at a 1:1 ratio.
According to The Block, Hyperliquid’s institutional trading layer, Silhouette, officially launched its Request for Quote (RFQ) system on mainnet on Tuesday, initially supporting Payward’s tokenized equity framework, xStocks. Traders can submit quote requests to designated market makers; after market makers place bids, the winning counterparty settles the trade on-chain. This enables round-the-clock, large-volume trading without the need for a dedicated order book. Tokens that meet trading activity thresholds can be migrated to standalone HyperCore markets in the future. Since its launch in June 2025, xStocks has processed over $40 billion in cumulative trading volume, settled approximately $20 billion on-chain, and accumulated more than 200,000 holders. With a current market cap of around $620 million, it ranks as the third-largest global issuer of tokenized stocks.
According to monitoring by Ash, HYPE rallied following news of Hyperliquid's plans to enter the U.S. market. Subsequently, a wallet transferred 488,600 HYPE tokens (valued at approximately $40.91 million), which it had accumulated via FalconX five months earlier, to Hyperliquid and staked them. The wallet's entry price was around $35, generating an unrealized profit of approximately $23.73 million on the position and a return of roughly 138%.
Odaily News: According to official sources, Hyperliquid has launched Pons perpetual contract trading, supporting up to 3x leverage.
Odaily News: According to HyperliquidNews monitoring, as of the start of the day, trading volume for outcomeXYZ's first HIP-4 has exceeded that of Hyperliquid's listed markets, totaling $130,900 and $125,100, respectively.
Odaily News: trade.xyz stated on the X platform that it has jointly submitted a comment letter with @HyperliquidPC to the U.S. Commodity Futures Trading Commission (CFTC), calling for the establishment of a regulated U.S. market path for energy perpetual contracts and 24/7 trading. The company stated that during this year's crude oil market shock, the energy market remained open while the benchmark market was temporarily closed; on multiple weekends, trade.xyz became the primary venue for price discovery.The comment letter states that on February 28, the Middle East conflict disrupted energy exports from the region and unsettled global supply chains. During the oil market closure, U.S. airlines, refiners, and fund managers holding crude oil exposure lacked a regulated venue to respond until futures markets reopened on Sunday evening. On March 9, Brent crude prices approached $120 per barrel at one point, and jet fuel prices doubled within weeks.The comment letter states that during the first weekend following the conflict, market participants outside the U.S. were able to manage crude oil exposure through the crude oil perpetual contract on Hyperliquid; from Friday's close until the benchmark market reopened, approximately two-thirds of the price movement had already occurred on-chain.The CFTC has previously allowed the first batch of digital asset-backed perpetual contracts to trade as futures on U.S. exchanges, and is soliciting comments on issues related to energy perpetual contracts, including contract design, reference prices, market integrity, clearing, customer protection, and continuous trading.The comment letter states that trade.xyz is the first and largest third-party perpetual contract market deployment on Hyperliquid, and its WTI, Brent crude, and Henry Hub natural gas markets have accumulated a total trading volume exceeding $500 billion since their launch in October 2025. The comment letter further states that in its research sample, during approximately 75% of weekend market closures, the weekend price of the crude oil perpetual contract was closer to the benchmark market's Friday close than the benchmark market's Sunday reopen price; since the launch of the crude oil perpetual contract, CME WTI reopening quality has not shown statistically significant deterioration.The comment letter recommends setting asset-class-specific leverage limits for U.S. market participants engaging in energy commodity perpetual contracts, disclosing funding rates and liquidation mechanisms in plain language, and implementing other market integrity safeguards, while also allowing compliant markets to use on-chain infrastructure for trade execution, margin management, clearing, settlement, and recordkeeping.
Odaily News: HyperliquidNews stated on the X platform that HIP-4 permissionless deployment will be enabled in the next network upgrade.