Hyped Frog

Documenting my journey from $10k to $100k | @HyperliquidX enjoyor | $HYPE

[Artemis @artemis]

Outside of Crypto Twitter, hyperliquid:native remains largely undiscovered.

[McKenna @Crypto_McKenna]

Grand Rising

HIP-3 activity on Hyperliquid is approaching 50% of it's daily volume on a 7D average and we are seeing multi 8 figure TWAPs return to the market.

$HYPE

[Yaugourt.hl @Yaugourt]

Assistance fund.

Hyperliquid.

[OAK Research @OAK_Res]

🚨 @Ostium has just suffered a major hack on its OLP vault, with nearly $24M in estimated losses. The hack was initially detected by @blockaid_

Based on our preliminary analysis, a single transaction drained 11.86M USDC from the vault at 14:18 UTC. This represents over 1/3 of Ostium's total TVL. As Ostium paused all trading activity, OLP's price is still not updated.

From what we understand, the hacker managed to get Ostium to accept positions that were artificially in profit.

Specifically, when a trader opens a position, Ostium uses a pull oracle system, meaning prices aren't published continuously on-chain, but only at the moment a trade is executed.

An authorized operator then delivers the signed price by calling a function of the automation contract known as PriceUpKeep.

Here, the attacker appears to have succeeded in submitting the prices himself via a forwarder recognized by Ostium.

For example, he would open a position by getting a price of $5,000 accepted, then immediately close it with a price of $60,000. Ostium would then calculate an artificial profit and pay out the maximum allowed gain, capped at 900%.

Notably, the two transactions use the same oracle and the same timestamp, yet report two completely different prices.

The operation was then repeated with increasingly large amounts, until 11.86M USDC was drained in a single transaction.

Of course, this is only an initial reading of the on-chain transactions. We are not security experts and will leave it to specialists to confirm the exact sequence of events and await an official post mortem from Ostium's team.

[jeff.hl @chameleon_jeff]

Thanks for having me on the podcast! It was a great conversation about a new category of integration: the first centralized exchange directly tapping into Hyperliquid's onchain infrastructure.

[Hyperliquid News @HyperliquidNews]

HIP-4 markets have now surpassed $400M in total trading volume.

[Lilian @LilianAliaga_]

Bravo à ceux qui ont farm Based ces derniers mois, vous avez du recevoir un bel airdrop.

Comme prévu, ça a été 100x (et encore) plus rentable que les Paradex et autres.

Perso, j’ai gardé 25% de l’allocation au cas où.

[Henrik @Henrik_on_HL]

One of the highest revenue days in the past months 🥳

$4.2M in $HYPE burns today!

[OAK Research @OAK_Res]

https://t.co/crR0gjyFbF

[CoinGecko @coingecko]

NEWS: Ripple integrates Hyperliquid, enabling institutional clients to tap DeFi derivatives liquidity via its prime brokerage platform.

[NMTD.HL @NMTD8]

$HYPE is one of the few majors with net deflationary supply.

Circulating supply today is lower than at TGE, even after unlocks.

• 100% of $HYPE spot fees burned
• 100% of HyperEVM gas fees burned
• Assistance Fund burns all $HYPE bought via HyperCore fees

Most assets devalue your share. $HYPE doesn’t.
Staking makes it even better.

Hyperliquid.

[Henrik @Henrik_on_HL]

Hyperliquid’s BTC perp now has deeper liquidity than Binance. Hyperliquid is the most liquid venue for crypto price discovery in the world and has also grown to become the most liquid venue for perps on tradfi assets.

But: $BNB still trades 18,2x higher than $HYPE

[Popeye @SailorManCrypto]

$HYPE

4H - held on that retest at $22 and started to move impulsively to range high.

Now trading above VaH and approaching those eq. highs.

At this stage just interested in trading a POTENTIAL bearish deviation back into the range.

Due to the big displacement created by this impulsive move, I can't see a long setup.

Honestly, I was biased on this due to the macro downtrend, and I didn't see this move coming.

[OAK Research @OAK_Res]

https://t.co/uGd3MmObxa

[HL HUB (Community) @Hyperliquid_Hub]

HYPE’s supply has declined significantly since TGE.
Circulating supply has fallen from 330,000,000 HYPE to 301,017,495 HYPE today.

This decline occurred despite annual staking rewards of roughly
400,000,000 × 2.37% ≈ 9,480,000 HYPE per year, with a dynamic staking APR:

The more HYPE staked, the lower the APR

If total staked drops below 400M HYPE, the APR increases

AF alone has repurchased and burned over 39,520,000 HYPE, removing a substantial amount from circulation.

The best product in the crypto market, still very early — and hopefully we’re about to witness a historic shift from CEX to DEX, most clearly marked by Hyperliquid outperforming Binance CEX on every front.

[OAK Research @OAK_Res]

We’ve been extremely vocal about HIP-3 long before it even launched. And so far, the thesis is playing out exactly as expected.

HIP-3 markets just hit $1.87B in daily volume, after weeks of successive ATHs. For context, back in November, we were celebrating $100M/day.

In a market where stocks and commodities now attract more interest than altcoins, Hyperliquid is becoming the only venue users want to trade on in 2026.

This is what Hyperliquid achieved that no other protocol has: a trading platform that keeps growing regardless of bull or bear crypto conditions.

HIP-3 is the concrete realization of what we’ve called the “AWS of liquidity”, and of Hyperliquid’s vision to house all of finance.

Our conviction hasn’t changed: $HYPE remains one of the very few tokens that truly deserves attention.

Hyperliquid.

[jeff.hl @chameleon_jeff]

Hyperliquid has quietly achieved an important milestone of becoming the most liquid venue for crypto price discovery in the world. See below for side by side comparison of BTC perps on Binance (left) and Hyperliquid (right).

With HIP-3 teams leading the way, Hyperliquid has also grown to become the most liquid venue for perps on tradfi assets. Thank you to everyone's hard work as we upgrade the financial system and house all of finance.

[Res @resdegen]

Great article on $HYPE

If you were waiting for sub $20, you might want to read this.

[CoinGecko @coingecko]

INSIGHT: $HYPE rallies 21% following news its HIP-3 open interest has hit an ATH of $790M.

[Tobias Reisner @reisnertobias]

$HYPE Buyback ribs