News Explorer — Hyperliquid Token Surges as Silver Futures Volume Skyrockets

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Jan 27, 2:35 pm

Coindesk

Hyperliquid Token Surges as Silver Futures Volume Skyrockets

HYPE, the token of Hyperliquid, rose 24% in 24 hours due to increased trading on commodities like silver and gold. Silver futures on the platform hit $111 with over $1.25 billion in volume, making it the third most active market. The surge in activity benefits HYPE holders by driving revenue and token buybacks.

HYPE, the token of Hyperliquid, rose 24% in 24 hours due to increased trading on commodities like silver and gold. Silver futures on the platform hit $111 with over $1.25 billion in volume, making it the third most active market. The surge in activity benefits HYPE holders by driving revenue and token buybacks.

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