Hyperliquid


Markets

BitMEX Co-founder Arthur Hayes Dumps HYPE for a Ferrari, Then Tells Followers Not to Worry

The Maelstrom CIO claims he offloaded his HYPE bag to fund the purchase of anew Ferrari, even as his firm warns of billions in new token supply hitting the market.

Ferrari logo outside the Ferrari headquarters in Maranello

Markets

Asia Morning Briefing: Native Markets Wins Right to Issue USDH After Validator Vote

Stripe-owned Bridge to manage reserves alongside BlackRock, with rollout starting in days.

(Arnaud Jaegers/Unsplash)

Markets

Yield Hunters Flock to HyperLiquid Staking Ecosytem to Farm Kintetiq's Airdrop

Total value locked on Kinetiq has jumped from roughly $458 million in July to over $2.1 billion today. Part of the increase can be attributed to a rise in the price of HYPE, and the other big driver has been raw deposits.

Farming (James Baltz/Unsplash)

Markets

Asia Morning Briefing: Native Markets Leads Early Voting for Hyperliquid’s USDH Stablecoin Contract

Stripe-linked proposal draws early validator support despite community pushback.

Vote, E-Voting

Advertisement

Finance

Ethena Joins Race for Hyperliquid's Stablecoin With BlackRock-Backed Proposal

Ethena's proposed stablecoin promises to return 95% of revenue to Hyperliquid’s ecosystem.

Digitally altered photo of a dollar bill (Ryan Quintal/Unsplash, Modified by CoinDesk)

Markets

Sky Pitches Genius-Compliant USDH Stablecoin With $8B Balance Sheet and 4.85% Yield

Formerly MakerDAO, Sky joins Paxos, Frax, Agora and Native Markets in the fight for Hyperliquid’s stablecoin contract.

(Adam Nir/Unsplash)

Markets

Circle's USDC Market Share 'On a Tear,' Says Wall Street Broker Bernstein

USDC supply has surged to $72.5 billion, 25% ahead of Bernstein’s 2025 estimates.

Jeremy Allaire, Co-Founder, Chairman and CEO, Circle Speaks at Hong Kong Fintech Week in 2024 (HK Fintech Week)

Finance

Lion Group Plans to Swap SOL, SUI Holdings for HYPE

The company began acquiring HYPE tokens in late June, having previously announced its Hyperliquid treasury initiative

Night view of Singapore from the habor. (Larry Teo/Unsplash)

Advertisement

Markets

Hyperliquid Faces Community Pushback Against Stripe-Linked USDH Proposal

Paxos, Frax and Agora are competing for Hyperliquid’s USDH stablecoin contract as MoonPay backs Agora CEO Nick van Eck’s coalition and concerns mount over Stripe’s potential conflicts of interest.

Hyperliquid faces community pushback against Stripe-linked stablecoin proposal. (Getty Images/iStockphoto)

Tech

Popular DEX Hyperliquid Moves Forward to Launch Proprietary Stablecoin

A proprietary stablecoin could reduce Hyperliquid's dependency on USDC and potentially capture a part of the revenues from reserve assets.

U.S. dollar (Unsplash, modified by CoinDesk)

Pageof 3