Ripple has integrated decentralized derivatives protocol Hyperliquid into Ripple Prime, bringing access to onchain derivatives liquidity to its institutional prime brokerage platform. The partnership makes it possible for institutional clients using Ripple Prime’s platform to trade onchain derivatives via Hyperliquid while managing those positions alongside traditional asset classes. According to a Feb. 4 press release, this gives qualified clients exposure to all other asset classes supported by Ripple ...

Ripple has announced that its institutional prime brokerage platform, Ripple Prime, now supports the decentralized derivatives trading protocol Hyperliquid. The integration gives Ripple Prime clients access to Hyperliquid’s onchain perpetuals liquidity while keeping margin and risk managed inside Ripple Prime. The company said clients will be able to cross-margin decentralized finance derivatives exposures, alongside positions in other markets the platform supports. Ripple Prime currently supports tradi ...

吴说获悉，据 @EmberCN 监测，持有了近两个月时间的巨额多仓的巨鲸，在今天凌晨 2:43 分 ETH 跌 到 $2.2k 时被全部清算。该鲸鱼这次做多爆仓亏完了在 12 月初转进 Hyperliquid 开单的 2.3 亿 USDC。 该鲸鱼还持有价值 48 亿美元的资产（90.1 万枚 ETH + 3.3 万枚 BTC）。 （来源：吴说） 来源：市场资讯 ...

Crypto markets leaned higher on January 28 as Concordium (CCD) jumped 31.78% in a single day. Bitcoin stayed calm and added 0.71%, trading near $89,000, while Hyperliquid stole the spotlight as the coin of the day. The total crypto market value climbed to $3.02 trillion, suggesting growing confidence without the kind of chaos that usually accompanies big price swings. That mix is worth paying attention to because slow moves in Bitcoin alongside strong gains in smaller coins often signal that traders feel ...

Altcoins including Hyperliquid, River, and Pump.fun have seen a sustained rally over the past week, notching double-digit gains over the period. Hyperliquid is the clear winner among the top 100 coins by market cap, surging 65% over the past week, according to CoinGecko data. Pump.fun, Canton and River and followed closely with 33.6%, 23.3% and 21.8% gains respectively. The surge in altcoins comes as Bitcoin consolidates between $95,000 and $81,000, which has seen the top crypto’s dominance form a local ...

Core Viewpoint - The key reason for dYdX being marginalized by Hyperliquid is its liquidity responsibility mechanism, as stated by Jarsy CEO Han Qin [1] Group 1: Company Comparison - dYdX adheres to a "no bailout" DeFi design, which leads to a disappearance of depth when market makers withdraw during extreme market conditions [1] - Hyperliquid, being more centralized, has a treasury and is willing to take on liquidity responsibilities, making it more suitable for high-leverage perpetual contract markets [1] Group 2: Market Dynamics - The shift in user and market maker migration towards Hyperliquid is attributed to its ability to provide better liquidity support compared to dYdX [1]

Core Insights - The cryptocurrency market has transitioned from volatility driven by retail speculation to a more professionalized environment dominated by institutional players, leading to a landscape where price actions are often pre-determined [1][2][4] - The year 2025 marked a significant shift in the cryptocurrency industry, moving away from traditional cycles and towards a continuous market driven by technological advancements and macroeconomic factors [6][11] Institutional Integration - Institutional participation in the cryptocurrency market has evolved from simple asset acquisition to complex derivatives and liquidity provisioning, indicating a deeper integration into the global economy [2][4] - The narrative has shifted from questioning institutional entry to understanding the extent of their integration within the market [4] Market Dynamics - The winners in 2025 included diverse players like Solana and Hyperliquid, which thrived on cultural resonance and innovative trading experiences [7][9] - The concept of "Rotation" emerged as a key theme, with different sectors leading at various times, reflecting a maturing market where capital flows to areas of actual utility [11] Macro Economic Influences - The year was heavily influenced by geopolitical events, particularly the trade war and fiscal policies from the Trump administration, which significantly impacted market dynamics [12][21] - Bitcoin's status as a "Digital Gold" remains debated, with institutions still viewing it as a high-risk asset rather than a safe haven [13][14] Technological Advancements - The infrastructure improvements in 2025, including reduced gas fees and faster transaction speeds, have made the market more accessible, with AI playing a crucial role in enhancing user experience and participation [16][17] - The emergence of AI-driven participants suggests a shift in the user base, making the trading environment more competitive and efficient [18] Conclusion - The consensus among industry experts indicates that the cryptocurrency market has matured, with institutions actively shaping the narrative and AI-driven participants becoming integral to the ecosystem [22][23]

Core Viewpoint - Hyperliquid emphasizes integrity and neutrality as its fundamental principles, ensuring no private investors, no privileged agreements with market makers, and no fees charged to any company [1] Group 1 - Hyperliquid's founder Jeff announced that the platform's genesis distribution is entirely aimed at early users, with core contributors not participating in the distribution [1] - The distribution details can be verified on-chain, enhancing transparency and trust in the platform [1]

Core Viewpoint - Galaxy Digital CEO Mike Novogratz suggests that XRP and Cardano (ADA) may lose competitiveness in future market cycles if they cannot demonstrate real-world application value [1] Group 1: Market Trends - The cryptocurrency market is shifting from "narrative-driven tokens" to "business-driven tokens," where only projects that generate profits and measurable value will succeed in the long term [1] - Novogratz anticipates a structural transformation in the cryptocurrency industry over the next 1-3 years, with wallets and exchanges evolving into "neobanks" that offer more mature financial services such as stablecoins, tokenized stocks, and money market products [1] Group 2: Investment Models - Novogratz cites Hyperliquid as an example of a project that creates value through profit-driven token buybacks and burns, resembling an equity investment model, which he believes is the future direction for tokens [1]

Weekly Hyperliquid outflows top $430M as Lighter and Aster tighten perp DEX competition: Dune https://t.co/LHn4uy6KBg ...