LATEST: 🚀 Cantor Fitzgerald forecasts Hyperliquid's HYPE token will surge to $200 by 2035, driven by growing DEX adoption, though emerging rivals like Lighter may threaten the protocol's market dominance. https://t.co/npxrPNndbm ...

A HyperLiquid team member said on Discord that all Hyperliquid Labs personnel, including employees and contractors, are subject to strict rules on the HYPE token, including a ban on derivatives trading and zero tolerance for insider trading. The team added that the 0x7ae4 short-selling address belongs to a former employee who left in Q1 2024 and is no longer affiliated with Hyperliquid Labs. https://t.co/nt8YXgbNKE ...

BitMEX co-founder Arthur Hayes said the altcoin season “never ended”—many traders simply missed the winners. Speaking on a podcast, he argued investors expect past narratives to repeat, but this cycle is about new themes and new assets, citing Hyperliquid’s HYPE token surge and Solana’s major comeback as examples.https://t.co/a7OWNGaO3y ...

Decentralized crypto derivatives exchange (DEX) Hyperliquid has proposed a governance vote that could formally remove roughly $1 billion worth of HYPE tokens from circulation. This announcement, made on Dec. 17, came weeks after the token suffered a sharp price crash that rattled traders. Related: Kintsu Launches sHYPE on Hyperliquid What is Hyperliquid? Hyperliquid operates as a decentralized perpetual futures exchange, or perps DEX, allowing traders to go long or short crypto assets with leverage. U ...

HYPE token treasury Hyperliquid Strategies rolls out $30 million stock repurchase program https://t.co/uapvNt0qkE ...

Core Viewpoint - Hyperliquid Strategies Inc has authorized a stock repurchase program of up to $30 million to enhance shareholder value through efficient access to its native token HYPE [1][2]. Group 1: Stock Repurchase Program - The stock repurchase program will allow the company to buy back its common stock over a period of up to 12 months [1]. - The repurchase may occur through open market transactions, privately negotiated transactions, or other means, depending on market conditions and legal requirements [2]. - There is no guarantee on the number of shares to be repurchased, and the program can be extended, suspended, or discontinued at the company's discretion [3]. Group 2: Company Overview - Hyperliquid Strategies Inc focuses on maximizing shareholder value by accumulating HYPE, the native token of Hyperliquid, which is designed for high-performance blockchain applications [4]. - The company aims to provide capital-efficient access to HYPE for U.S. and institutional investors, generating compounding returns that individual holders may not achieve through traditional methods [4]. - HSI is positioned to become a leading digital asset treasury vehicle, capitalizing on the rapid growth of Hyperliquid and providing exposure to a significant revenue pool in digital assets [4].

Core Insights - Hyperliquid's HYPE token has fallen to a seven-month low, dropping over 4% in the last 24 hours to $29.24, marking its weakest level since May [1] - The protocol's dominance in the decentralized perpetuals market has significantly declined, with its market share plummeting from nearly 70% to less than 20% [3] - The decline in HYPE's value has been exacerbated by over $11 million in liquidations, reflecting a cautious market sentiment [2] Market Dynamics - The emergence of competitors like Aster and Lighter has contributed to Hyperliquid's loss of market share, as these rivals have implemented more attractive incentive programs [4] - Internal token movements, including the unstaking of 2.6 million HYPE tokens valued at approximately $89 million, have further shaken investor confidence [5] - The community's sentiment has turned bearish, with HYPE losing nearly 30% of its value over the past 30 days, making it the worst-performing asset among the top 20 digital currencies by market capitalization [7] Investor Sentiment - The market is increasingly viewing HYPE not as a leading player but as a legacy incumbent losing users, leading to a rapid repricing of the token [4] - Analysts suggest that HYPE's value could potentially drop to as low as $10, indicating a significant bearish outlook among crypto traders [7]

Suppose we accept two simple facts: 1. the euro is not going to disappear, and 2. Europe is not going to dollarize, so then a globally significant euro stablecoin is a logical outcome. The underlying euro economy is enormous. In 2023, the Eurosystem’s T2 platform processed roughly €2.2 trillion per day . According to the Bank for International Settlements (BIS) , average global FX turnover reached $9.6 trillion per day in April 2025, with the USD on one side of about 89% of all trades; the euro ranked as th ...

Core Viewpoint - Hyperliquid Strategies Inc has completed a business combination with Sonnet BioTherapeutics Holdings, allowing it to operate as a digital asset treasury reserve company and begin trading on Nasdaq under the ticker "PURR" on December 3, 2025 [1][2]. Company Overview - Hyperliquid Strategies Inc (HSI) will focus on maximizing shareholder value by accumulating HYPE, the native token of Hyperliquid, a high-performance blockchain designed for all finance [6]. - HSI aims to provide capital-efficient access to the HYPE token for U.S. and institutional investors, generating compounding shareholder returns [6]. - The company is positioned to become the largest HYPE-focused digital asset treasury vehicle, capitalizing on Hyperliquid's rapid growth [6]. Business Combination Details - The business combination involved a five-for-one exchange ratio for shares received by Sonnet shareholders and Rorschach members [3]. - David Schamis will serve as the CEO of HSI, with a board of directors that includes notable figures such as Bob Diamond and Eric Rosengren [3]. Market Position and Strategy - HSI's digital asset treasury strategy allows U.S. equity investors to gain exposure to the HYPE token through a highly liquid listing [4]. - The Hyperliquid blockchain is recognized as a leading platform for perpetual futures and spot trading, processing billions in daily trading volume [5]. - The company aims to attract substantial trading volumes from a growing community of traders and developers [5]. Legal and Advisory Support - Chardan acted as the sole placement agent and exclusive financial advisor to Rorschach for the transaction [5]. - Legal counsel for HSI was provided by Greenberg Traurig, LLP, while Lowenstein Sandler LLP served as legal counsel to Sonnet [5].

Hyperliquid is heading into one of its most scrutinized moments yet, as a $314 million token unlock scheduled for Saturday intensifies concerns around transparency, market stability, and the long-term handling of its tokenomics. According to Tokenomist data, the perpetuals-focused decentralized exchange will release 9.92 million HYPE tokens in a single “cliff unlock,” equal to 2.66% of the total supply. Source: Tokenomist The entire allocation will be unlocked at once, a structure that has fueled questi ...