Insights into Hyperliquid’s on-chain perpetuals exchange, trading volume trends, and decentralized derivatives ecosystem.
Cantor Fitzgerald's report repositions Hyperliquid from a DeFi token to a cash-flow-focused exchange amid fierce market competition.
Oluwapelumi Adejumo 8 min read 
Arkham’s ledger shows $727k in Hyperliquid deposits, $0 withdrawals, and even $75K in referral rewards churned.
Listing anything is easy; risk and liquidity are hard, and here’s the model.Hyperliquid’s HIP-3 removes gatekeepers by letting anyone launch perpetuals if they stake $20 million. It’s either DeFi’s boldest safety experiment, or its next stress test.
CZ attributed BNB's recent meme explosion to an unplanned Mid-Autumn Festival post, and outlined his investment thesis favoring privacy-focused perpetual DEXs over transparent alternatives.
Hyperliquid considers removing its supply cap, aligning with flexible issuance policies seen in Ethereum and Solana.
Hyperliquid's looming token release schedule and new competitors drive Maelstrom's risk-based asset liquidation.
Leaked code points to MetaMask integrating Hyperliquid's leveraged trading, potentially launching at Token2049.
Kalshi-backed proposal introduces event perpetuals to revolutionize prediction market functionality on Hyperliquid.
Seven percent of all USDC now sits on Hyperliquid as Circle doubles down.
