Hyperliquid

Hyperliquid

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)

Markets

Hyperliquid’s HYPE Token: Why Arthur Hayes Thinks It Has 126x Upside Potential

Arthur Hayes argues that fiat decline drives stablecoin saving, funneling into crypto speculation—and Hyperliquid is the exchange built for that wave.

CoinDesk Data chart showing 24-hour HYPE-USD price on Aug. 30, 2025

Markets

Hyperliquid’s HYPE Hits Record High Above $50 on Trading Boom, Token Buybacks

Analysts highlight Hyperliquid's strong fundamentals but caution about potential risks from scheduled token unlocks and its high valuation.

HYPE price on Aug. 27 (CoinDesk)

Markets

XPL Futures on Hyperliquid See $130M Wiped Out Ahead of the Plasma Token's Launch

Open interest on Hyperliquid’s XPL market plunged from $160 million to $30 million in minutes as a trader-triggered price spike caused mass auto-deleveraging.

How low can bitcoin price go? (Getty Images+/Unsplash)

Markets

Crypto Markets Today: Bitcoin Dominance Slip While Hyperliquid's Volume Soars to $3.4B

"Sell of Rally" sentiment weighs on BTC as ETH's futures and options markets hit record highs.

A traveler examines a departures or arrivals board. (TungArt7/Pixabay)

Finance

Hyperliquid Now Dominates DeFi Derivatives, Processing $30B a Day

A new RedStone report says Hyperliquid’s on-chain order book, HIP-3 market creation, and dual-chain design have propelled it to over 80% market share.

A trader sits in front of screens.

Videos

Why Former Barclays CEO Bob Diamond Is Bullish on HYPE

Atlas Merchant Capital co-founders Bob Diamond and David Schamis join CoinDesk with insights into the Wall Street's plan for crypto and the underlying blockchain technology. Plus, their bullish deal centered around Hyperliquid.

CoinDesk