π» A NEW MYSTERY IS EMERGING ON HYPEREVM. ITS NAME IS THE WICK.
π Where did he come from? What is he hiding? Some secrets aren't ready to be revealed.
π₯ 444 Genesis Spirits. One untold story.
π―οΈ JOIN THE GATHERING:
π» @thewickghost β Official
π @HypedLaunches β Partner
πΎ @pawgencydogs β Partner
β Follow all three accounts and register your X username.
π https://t.co/GSLxOW9NyQ
ποΈ Follow the signs. Come back in a few days. The story is just beginning.
The spirits are gathering. π€
#TheWick #HyperEVM
tradeXYZ is proving that Hyperliquid's infrastructure can support much more than a single decentralized exchange.
The latest reported figures reveal billions of dollars in trading activity, significant open interest, and growing demand for specialized perpetual futures markets.
LATEST tradeXYZ STATISTICS
24-hour trading volume: $4.28B
24-hour volume change: -28.3%
Open interest: $4.19B
Available markets: 50
Maximum leverage: 50x
Maker fee: 0.015%
Taker fee: 0.045%
Collateral: USDC
Funding interval: 1 hour
The $4.19 billion in open interest is particularly noteworthy, indicating substantial outstanding derivatives exposure even as daily trading activity fluctuates.
Looking at the historical chart, tradeXYZ reportedly approached $9 billion in daily volume during the summer, followed by another spike near $9.5 billion in November.
These figures demonstrate the scale that independent trading venues can potentially achieve using Hyperliquid's infrastructure.
What interests me most is the bigger picture.
Hyperliquid is increasingly becoming an ecosystem where multiple trading applications can operate, compete, and attract liquidity across different markets.
That represents a significant evolution from relying exclusively on one flagship exchange.
Even after a 28.3% daily volume decline, $4.28 billion in trading activity remains substantial.
However, maintaining consistent volume, managing risk, and attracting sustainable liquidity will be essential for long-term success.
I believe the expansion of HIP-3 trading venues could become one of the most important developments in Hyperliquid's next growth phase.
For $HYPE, the long-term opportunity extends beyond the token's price movements. It includes the potential economic value generated by an expanding network of independent trading platforms.
One infrastructure layer. Multiple markets. Billions in trading activity.
tradeXYZ is becoming an important example of what that ecosystem can support.
#Hyperliquid #HYPE #tradeXYZ #HIP3 #DeFi
tradeXYZ is becoming a major force within the Hyperliquid ecosystem, and its latest trading figures demonstrate just how much activity is taking place beyond Hyperliquid's original exchange.
Despite a significant decline in daily volume, tradeXYZ continues to maintain billions of dollars in trading activity and open positions.
LATEST TRADEXYZ METRICS
24-Hour Trading Volume: $4.28B
24-Hour Volume Change: -28.3%
Open Interest: $4.19B
Available Markets: 50
Maximum Leverage: 50x
Maker Fee: 0.015%
Taker Fee: 0.045%
Collateral: USDC
Funding Interval: 1 Hour
The $4.19 billion in open interest is particularly significant.
It indicates that substantial trading positions remain active on the platform, even as daily trading volume fluctuates.
Looking at the daily volume chart from March through November 2026, tradeXYZ has experienced several major expansions in activity.
Daily volume approached $9 billion during the summer, while another significant spike near $9.5 billion appeared in November.
These fluctuations highlight both the platform's growing capacity and the volatility of demand across decentralized derivatives markets.
What interests me most is the broader implication for Hyperliquid.
tradeXYZ operates within the Hyperliquid ecosystem, demonstrating that its infrastructure can support independent trading applications handling billions in daily transactions.
This is an important distinction.
Hyperliquid's long-term opportunity isn't necessarily limited to the success of one exchange. Its infrastructure can potentially support an expanding network of specialized trading platforms, each attracting different markets, participants, and liquidity.
I also think the current $4.28 billion in daily volume deserves attention, even after a 28.3% decline.
A single-day decrease does not erase the scale of activity already established, although sustained volume and open interest will be important indicators going forward.
As competition across perpetual DEXs intensifies, infrastructure capable of attracting and retaining multiple high-volume applications may become increasingly valuable.
For base:0x15d0e0c55a3e7ee67152ad7e89acf164253ff68d , the bigger picture is the development of the entire Hyperliquid ecosystem, not just the trading performance of its native token.
One ecosystem. Multiple trading venues. Billions in daily activity.
And tradeXYZ is becoming an increasingly important part of that story.
#Hyperliquid #HYPE #tradeXYZ #HIP3 #DeFi
Hyperliquid's staking economy is generating some impressive numbers, and the latest DefiLlama figures deserve a closer look.
Hyper Foundation HYPE Staking reportedly recorded $30.4 million in fees over the past 30 days, demonstrating the scale of economic activity associated with $HYPE staking.
Here's the breakdown:
30-day fees: $30.4M
30-day protocol revenue: $911,940
Average daily fees: approximately $1.01M
Average daily protocol revenue: approximately $30,398
One particularly important detail is the difference between total fees and protocol revenue.
Of the $30.4 million reported in fees, approximately $911,940 was classified as protocol revenue, equivalent to roughly 3% of the total.
That distinction matters because total fees should not be confused with profits or revenue retained by the protocol.
What I find most encouraging is that Hyperliquid continues to demonstrate substantial economic activity across different parts of its infrastructure, even during periods of significant market volatility.
Staking plays an important role in network security, validator participation, and the broader token economy.
As the ecosystem expands, I believe sustainable staking participation and transparent revenue reporting will become increasingly important indicators of its long-term development.
For $HYPE holders, understanding where fees originate, how revenue is distributed, and how staking contributes to the network is just as important as following daily price movements.
The market may fluctuate, but measurable on-chain economic activity provides a foundation for evaluating long-term progress.
#Hyperliquid #HYPE #Staking #HyperCore #DeFi
Hyper Foundation's hyperliquid:native staking activity is generating substantial fees, highlighting another important part of Hyperliquid's growing on-chain economy.
According to the latest DefiLlama data, Hyper Foundation HYPE Staking recorded more than $30 million in fees over the past 30 days.
HYPER FOUNDATION HYPE STAKING β KEY METRICS
30-Day Fees: $30.4M
30-Day Revenue: $911,940
Average Daily Fees: Approximately $1.01M
Average Daily Revenue: Approximately $30,398
The difference between fees and reported revenue is particularly interesting.
While the staking system generated $30.4 million in fees, approximately $911,940 was recorded as protocol revenue.
That represents roughly 3% of the total fees reported during the period.
What stands out to me is the scale of economic activity connected to Hyperliquid's staking infrastructure.
I believe staking will remain an important component of the ecosystem, supporting network security while providing opportunities for token holders to participate.
However, it's important to distinguish total staking fees from revenue retained by the protocol. These figures should not be interpreted as $30.4 million in direct profits.
For hyperliquid:native, sustainable staking participation and transparent economic activity are important factors to monitor as Hyperliquid continues expanding.
#Hyperliquid #HYPE #Staking #HyperCore #DeFi
The Hyperliquid NFT market is showing just how diverse the ecosystem has become.
From collections with extremely low entry prices to established NFTs commanding significantly higher valuations, there is a wide range of opportunities for collectors to explore.
Here's a snapshot of 14 NFT collections and their reported floor prices, denominated in $HYPE.
HYPERLIQUID NFT MARKET SNAPSHOT
1. Illumeownati by Catbal β 10.00 $HYPE
2. HYPERACTIVES β 0.029 $HYPE
3. Hypo β 0.200 $HYPE
4. Hyperpieces β 0.012 $HYPE
5. Hyperliquid Names β 0.019 $HYPE
6. Derp β 0.192 $HYPE
7. Hyper Dudes β 0.007 $HYPE
8. Lucky Hypio Winners β 1.380 $HYPE
9. Hypers β 50.00 $HYPE
10. Tiny Hyper Cats β 5.000 $HYPE
11. LQnians β 1.000 $HYPE
12. bald brΓΆthers β 5.000 $HYPE
13. Odd Otties β 5.000 $HYPE
14. Gems β 0.500 $HYPE
The difference is striking.
Hyper Dudes has a reported floor of just 0.007 $HYPE, while Hypers stands at 50 $HYPE.
That's more than a 7,000x difference in listed entry prices.
But floor price is only one part of the picture.
Trading volume, liquidity, unique holders, supply, and long-term community engagement are all important when evaluating an NFT collection.
Personally, I believe one of HyperEVM's greatest opportunities is the development of a diverse NFT ecosystem where both smaller creators and established projects can find their place.
At HypedLaunches, our mission is to make that ecosystem easier to explore by bringing collection discovery, market statistics, and NFT information together in one place.
Discover more collections and explore the ecosystem:
https://t.co/Gqp0IYz0Ta
FREE NFT LISTINGS.
Floor prices are snapshots and may change at any time.
#HypedLaunches #Hyperliquid #HyperEVM #NFTs #HYPE
The Hyperliquid NFT ecosystem continues to offer a wide range of collections, from affordable entry points to established projects with significantly higher floor prices.
Here's a snapshot of 14 collections and their current listed floor prices in hyperliquid:native.
HYPERLIQUID NFT FLOOR PRICE UPDATE
Illumeownati by Catbal β 10.00 hyperliquid:native
HYPERACTIVES β 0.029 hyperliquid:native
Hypo β 0.200 hyperliquid:native
Hyperpieces β 0.012 hyperliquid:native
Hyperliquid Names β 0.019 hyperliquid:native
Derp β 0.192 hyperliquid:native
Hyper Dudes β 0.007 hyperliquid:native
Lucky Hypio Winners β 1.380 hyperliquid:native
Hypers β 50.00 hyperliquid:native
Tiny Hyper Cats β 5.000 hyperliquid:native
LQnians β 1.000 hyperliquid:native
bald brΓΆthers β 5.000 hyperliquid:native
Odd Otties β 5.000 hyperliquid:native
Gems β 0.500 hyperliquid:native
The difference between collection floor prices is substantial, with Hyper Dudes listed at just 0.007 hyperliquid:native while Hypers stands at 50 hyperliquid:native.
What interests me most is the diversity of projects developing across the Hyperliquid NFT ecosystem.
Some collections offer relatively accessible entry prices, while others occupy a much higher valuation range.
Of course, floor prices alone don't tell the full story. Trading volume, liquidity, holder distribution, and community engagement are equally important when evaluating NFT collections.
At HypedLaunches, we're continuing to make it easier to discover collections, compare market data, and explore NFTs across Hyperliquid and HyperEVM.
Explore the ecosystem:
https://t.co/8uU8eM3NkQ
FREE NFT LISTINGS.
#HypedLaunches #Hyperliquid #HyperEVM #NFTs #HYPE
THE $HYPE CORRECTION IS GETTING SERIOUS.
A 10.6% decline in just 24 hours has pushed $HYPE to $64.92, placing it more than 33% below its previous $97.88 high.
The 4-hour chart reflects aggressive selling pressure, weakening momentum, and a market that is clearly struggling to find stability.
But there is another side to this story that deserves attention.
According to the latest reported figures, Hyperliquid has achieved:
- $1.52 billion in lifetime protocol revenue
- More than 50.57 million $HYPE permanently burned
- Millions of dollars in daily protocol revenue
- Continued expansion across its trading and DeFi ecosystem
These are substantial figures for a platform operating in an increasingly competitive market.
What stands out to me is the growing disconnect between the token's market performance and the economic activity taking place across Hyperliquid.
The market is pricing in fear, uncertainty, and selling pressure, while the protocol continues generating revenue and supporting its token buyback and burn mechanisms.
That doesn't mean $HYPE has reached a bottom. Strong fundamentals cannot guarantee protection against further declines.
However, I believe periods like this reveal the difference between projects driven primarily by speculation and ecosystems supported by measurable economic activity.
The price may be falling, but Hyperliquid's underlying business has not stopped operating.
For long-term observers, both sides of that equation matter.
#Hyperliquid #HYPE #Crypto #DeFi
A brutal 24 hours for base:0x15d0e0c55a3e7ee67152ad7e89acf164253ff68d .
Trading at $64.92, down 10.6% in a single day, with the price now significantly below its $97.88 high.
The 4-hour chart shows clear selling pressure, and the recent breakdown highlights just how aggressive this correction has become.
But here's what I find interesting.
Hyperliquid has generated $1.52B in lifetime revenue, burned over 50.57M base:0x15d0e0c55a3e7ee67152ad7e89acf164253ff68d, and continues to produce millions in daily protocol revenue.
The price is falling while the underlying ecosystem continues generating real economic activity.
Short-term market sentiment and long-term fundamentals are telling two very different stories.
#Hyperliquid #HYPE
Something interesting is happening with $HYPE, and the price chart isn't telling the whole story.
Despite significant selling pressure and a sharp market correction, the number of Hyperliquid holders continues to increase.
The latest reported HyperCore statistics show:
268,371 total $HYPE holders
49,327 staking addresses
7-day holder growth: +1,449 (+0.54%)
30-day holder growth: +5,430 (+2.07%)
That's 5,430 additional holders over the past month, during a period when market sentiment has been increasingly negative.
I find this divergence particularly interesting.
While the token price is declining, the number of addresses holding $HYPE is moving in the opposite direction.
This doesn't necessarily mean a price recovery is imminent. Additional addresses don't automatically represent new individual investors, and holder growth alone cannot confirm accumulation.
However, it does suggest that participation is continuing to expand despite the difficult market environment.
In my view, the real strength of an ecosystem becomes clearer during corrections, when speculation fades and long-term conviction is tested.
The next important signal will be whether holder growth continues alongside stronger staking participation and sustained protocol activity.
$HYPE may be under pressure, but its reported holder base is still growing.
That's a development worth paying attention to.
#Hyperliquid #HYPE #Crypto #DeFi
While base:0x15d0e0c55a3e7ee67152ad7e89acf164253ff68d faces heavy selling pressure, the number of holders keeps climbing.
Hyperliquid's latest holder statistics:
268,371 total holders
49,327 staking addresses
7-day growth: +1,449 holders (+0.54%)
30-day growth: +5,430 holders (+2.07%)
The 30-day chart shows a steady upward trend, even as base:0x15d0e0c55a3e7ee67152ad7e89acf164253ff68d experiences a significant price correction.
To me, this is one of the most interesting signals right now. Price action reflects short-term sentiment, but holder growth suggests participation continues to expand.
The market is selling, yet the holder base is still growing.
#Hyperliquid #HYPE
More than $3.30 BILLION in $HYPE has reportedly been permanently removed from circulation.
While the market focuses on short-term price movements, Hyperliquid's token burn mechanism continues to produce significant results.
According to the latest reported figures, approximately 50.57 million $HYPE has been burned, representing 5.06% of the original maximum supply of 1 billion tokens.
The breakdown is particularly interesting:
- 48.94M $HYPE attributed to Assistance Fund buybacks
- 1.26M $HYPE attributed to HyperCore
- 376,660 $HYPE attributed to HyperEVM gas fees
- Approximately 37,200 $HYPE burned daily at the reported rolling rate
These numbers highlight the scale of Hyperliquid's token supply reduction.
What I find particularly impressive is that this mechanism is connected to actual network activity rather than depending entirely on speculative demand.
Every transaction, every trading fee, and every additional application contributing to the ecosystem can strengthen its underlying economic model.
Of course, token burns alone cannot prevent market corrections or guarantee future price appreciation.
But removing more than 5% of the original maximum supply is a substantial milestone.
I believe the combination of real revenue generation, expanding infrastructure, and sustained supply reduction remains one of Hyperliquid's most compelling long-term characteristics.
Markets move in cycles. The underlying token economics continue to evolve.
#Hyperliquid #HYPE #DeFi #Crypto
Over $3.30 BILLION worth of base:0x15d0e0c55a3e7ee67152ad7e89acf164253ff68d has now been permanently removed from supply.
Hyperliquid's burn mechanism continues to deliver remarkable numbers.
50.57M base:0x15d0e0c55a3e7ee67152ad7e89acf164253ff68d burned β 5.06% of the maximum 1 billion supply.
Breakdown:
48.94M base:0x15d0e0c55a3e7ee67152ad7e89acf164253ff68d through Assistance Fund buybacks
1.26M base:0x15d0e0c55a3e7ee67152ad7e89acf164253ff68d through HyperCore
376.66K base:0x15d0e0c55a3e7ee67152ad7e89acf164253ff68d through HyperEVM gas fees
And the burns keep coming.
Approximately 37,200 base:0x15d0e0c55a3e7ee67152ad7e89acf164253ff68d burned daily, based on the current rolling rate.
What stands out to me is that this isn't just a theoretical tokenomics model. Hyperliquid has already removed more than 5% of its maximum supply.
Real activity. Real revenue. Permanent supply reduction.
#Hyperliquid #HYPE
The mystery of The Wick is spreading across HyperEVM.
A huge thank you to @pawgencydogs for supporting and sharing our upcoming NFT project. Community partnerships like this mean a lot, especially at the beginning of something new.
444 Genesis Spirits. One mysterious universe. A story that has only just begun.
We're building more than an NFT collection. Our goal is to create a recognizable identity, an engaging story, and a community that grows alongside The Wick.
The first chapter is already unfolding, and there is much more waiting to be revealed.
Registration is now available for anyone interested in joining the journey.
https://t.co/nSrq1kQ1cH
Follow @thewickghost and stay close. The spirits are gathering.
#TheWick #HyperEVM #Hyperliquid #NFT
π» A NEW MYSTERY IS EMERGING ON HYPEREVM. ITS NAME IS THE WICK.
π Where did he come from? What is he hiding? Some secrets aren't ready to be revealed.
π₯ 444 Genesis Spirits. One untold story.
π―οΈ JOIN THE GATHERING:
π» @thewickghost β Official
π @HypedLaunches β Partner
πΎ @pawgencydogs β Partner
β Follow all three accounts and register your X username.
π https://t.co/xR9gOEmBwF
ποΈ Follow the signs. Come back in a few days. The story is just beginning.
The spirits are gathering. π€
#TheWick #HyperEVM
A remarkable example of how NFT utility is evolving across the Hyperliquid ecosystem.
Back on August 15, 2026, @HypersOnHL highlighted an interesting development involving ERC-H20 Hypers NFTs carrying the LiquidLaunch mask trait.
According to the original report, these NFTs had accumulated vault balances exceeding 11,000 $LIQD.
The initiative brought together @LiquidLaunch and @drip__trade, demonstrating how NFT traits, token rewards, and community participation can become interconnected.
Special recognition goes to @poorlydrNFT for the contribution highlighted in the original announcement.
What interests me most is the potential for NFTs to offer more than artwork and speculative trading.
When collections introduce meaningful vault mechanics, token incentives, and ecosystem partnerships, they create additional reasons for holders to remain engaged.
Of course, rewards and token balances can change over time, and this historical announcement should not be mistaken for current vault data.
I believe projects experimenting with genuine NFT utility deserve more attention, particularly as HyperEVM continues developing its NFT infrastructure.
The future of NFTs could be much more interesting than simply buying and selling digital collectibles.
#Hyperliquid #HyperEVM #Hypers #LIQD #NFT
looks like all ERC-H20 Hypers with the LiquidLaunch mask are now vaulted with 11k+ $LIQD
huge shoutout to @poorlydrNFT ππ
those who lock in with @Liquidlaunch Γ @drip__trade will be rewarded
once againβ¦ ππππ ππ πππ πππ πππππ ππππ
$HYPE is experiencing a sharp correction, but the contrast between price action and Hyperliquid's institutional developments is becoming increasingly interesting.
With $HYPE falling below $67, it's worth looking at how much has reportedly happened across the ecosystem since the end of May.
Major developments include:
- Public discussion of bringing Hyperliquid into the US regulatory framework, including potential CFTC involvement.
- Payward, Kraken's parent company, announcing plans involving Bitnomial and regulated HIP-3 market infrastructure.
- Intercontinental Exchange (ICE), the parent company of the NYSE, announcing a strategic relationship with trade[XYZ] to pursue US-regulated perpetual futures infrastructure.
- Stanley Druckenmiller publicly disclosing an investment in trade[XYZ].
- Hyperliquid Strategies filing an application to become a CFTC-registered Futures Commission Merchant.
These are significant developments for an ecosystem seeking greater institutional participation.
Yet despite this progress, $HYPE has surrendered a substantial portion of its previous gains.
I think this highlights an important reality: institutional interest, infrastructure development, and regulatory progress do not automatically translate into immediate token price appreciation.
The market can remain bearish even while the underlying ecosystem continues expanding.
For me, the most important question is whether these developments eventually translate into sustained trading activity, deeper liquidity, and greater economic value for the network.
One important distinction: claims that ICE directly purchased 3.75 million $HYPE worth approximately $330 million should not be treated as confirmed without reliable evidence.
Short-term price action is painful, but the long-term Hyperliquid story is still being written.
#Hyperliquid #HYPE #Crypto #DeFi
hyperliquid:native is quickly falling below $67.
It was trading higher at the end of May, before any of this had happened:
- @realDonaldTrump mentions Hyperliquid and says the CFTC is working to bring it to the US.
- 3.75M hyperliquid:native (worth approximately $330M) buy by ICE.
- @Payward (Krakenβs parent company) announces plans to become the first CFTC-regulated deployer through HIP-3*, alongside Bitnomial.
- @ICE_Markets (NYSEβs parent company) partners with @tradexyz to launch US-regulated perpetuals on Hyperliquidβs infrastructure and taking a minority stake in the company.
- Stanley @standuquesne publicly announces that he is an investor in @tradexyz.
- November: @HypeStrat ($PURR) files an application to become a Futures Commission Merchant.
HIP-4 has officially crossed another important milestone: 24,000 unique traders.
The latest reported figures highlight the growing activity surrounding this part of the Hyperliquid ecosystem.
HIP-4 statistics:
- 24,000 unique traders
- $662.15 million in cumulative trading volume
- $182,100 in generated fees
What makes this particularly interesting is that these figures represent more than just another trading volume milestone.
They show that thousands of individual participants have already interacted with HIP-4, while substantial trading activity continues to develop around the infrastructure.
The chart also reveals fluctuations in trader participation, reminding us that long-term adoption depends on consistent engagement rather than occasional spikes.
Personally, I believe the most important metric to watch from here is whether HIP-4 can continue attracting new participants while retaining existing traders.
Hyperliquid's long-term opportunity extends beyond perpetual futures. Every additional product that attracts genuine users can contribute to a broader and more diversified trading ecosystem.
24,000 traders is a meaningful milestone, but the real test will be sustained growth.
Another development worth watching closely.
#Hyperliquid #HYPE #HIP4 #DeFi
The Elysium ecosystem is becoming much more than another blockchain expansion.
Built around Hyperliquid's growing infrastructure, Elysium is attracting projects focused on decentralized trading, lending, liquidity, token launches, and on-chain identity.
Here are 10 projects worth following as the ecosystem develops:
1. Ascend (@AscendLaunch) β A launchpad partnered with Kinetiq.
2. Nest (@NestExchange) β A native decentralized exchange powered by Uniswap v4.
3. https://t.co/h5VJxu3iOp (@Markets_xyz) β Kinetiq's HIP-3 trading venue.
4. Montra (@MontraXYZ) β A launchpad focused on high-volume activity.
5. Boxa (@Boxa_Elysium) β An active Uniswap v4-based launchpad.
6. Windup (@windupdotfun) β Infrastructure for launching perpetual markets.
7. Elysium Name Service (@ElysiumNames) β .elyd domain names for on-chain identity.
8. Cache (@lendcache) β Lending and credit infrastructure.
9. BunnyPad (@Bunnypadfun) β A launchpad using a one-transaction locked-liquidity model.
10. AkaFun (@akadotfun) β A launchpad combining Uniswap v4 infrastructure with real-world asset opportunities.
What interests me most is the diversity of infrastructure beginning to emerge.
A sustainable ecosystem needs more than speculative tokens. It needs trading venues, accessible liquidity, credit markets, identity solutions, and applications that people actually use.
Elysium appears to be developing across several of these areas simultaneously.
Of course, early ecosystem growth doesn't guarantee that every project will succeed. Adoption, security, liquidity, and actual user demand will ultimately determine which platforms survive.
I believe the next phase of Hyperliquid's expansion will be defined not only by trading volume, but also by how much economic activity its surrounding ecosystem can support.
Elysium is definitely an ecosystem I'll be watching closely.
#Hyperliquid #HyperEVM #Elysium #HYPE #DeFi
π 10 Notable Projects to Watch in the Elysium Ecosystem
.@Enter_Elysium is building out its ecosystem with projects covering DeFi, trading, lending, and token launches.
Here are 10 notable projects worth keeping on your radar:
1/ Ascend (@AscendLaunch)
2/ Nest (@NestExchange)
3/ https://t.co/WtJNYDNvof (@Markets_xyz)
4/ Montra (@MontraXYZ)
5/ Boxa (@Boxa_Elysium)
6/ Windup (@windupdotfun)
7/ Elysium Name Service (@ElysiumNames)
8/ Cache (@lendcache)
9/ BunnyPad (@Bunnypadfun)
10/ AkaFun (@akadotfun)
The ecosystem is expanding beyond token launches, with infrastructure emerging across trading, DeFi, and real-world asset applications.
Worth keeping these projects on your watchlist as Elysium grows.
$HYPE is approaching one of its most important technical levels in months.
The daily chart shows a potentially significant Head and Shoulders formation, with price already breaking below the neckline around $76β$77.
Now trading near $69.16 on this chart, $HYPE is testing a rising trendline that has supported the broader uptrend since early 2026.
Several levels deserve close attention:
- $76β$77: Former neckline, now potential resistance
- $67β$69: Rising trendline support
- $59.27: Key 0.5 Fibonacci retracement
- $50.11: Deeper 0.618 Fibonacci support
A confirmed daily breakdown below the rising trendline could increase the probability of a move toward $59, with $50 becoming the next major area to watch if selling pressure continues.
However, holding this trendline and reclaiming the neckline could weaken the bearish setup.
Personally, I see this as an important test of market structure rather than a reason to abandon the long-term Hyperliquid thesis.
Strong protocol fundamentals and bearish technical conditions can exist simultaneously.
The next few daily candles could be decisive for $HYPE's medium-term direction.
#HYPE #Hyperliquid #Crypto #TechnicalAnalysis
Hyperliquid continues to demonstrate the strength of its revenue model, even during a challenging period for the crypto market.
Over the past 24 hours, Hyperliquid reportedly generated approximately $4.37 million in fees, exceeding Polymarket's $3.9 million.
But the bigger story is what happens to those fees.
According to the latest reported figures:
- $4.37M in fees generated in 24 hours
- Approximately 99% directed toward $HYPE buybacks
- 42,230 $HYPE reportedly repurchased and permanently burned in 24 hours
- More than 50.55 million $HYPE reportedly bought back and burned historically
- Estimated historical value of approximately $3.5 billion
That represents more than 5% of $HYPE's original maximum supply of 1 billion tokens.
What stands out to me is the relationship between actual platform activity and token supply reduction.
Hyperliquid isn't relying exclusively on narratives or speculation. Its trading infrastructure generates revenue, and its buyback mechanism creates a direct connection between ecosystem activity and demand for $HYPE.
Of course, buybacks don't guarantee higher prices, especially when broader market conditions remain weak.
But I believe sustainable revenue, consistent token repurchases, and long-term supply reduction provide a stronger foundation than short-term hype alone.
Price volatility attracts attention. The underlying economics deserve just as much.
#Hyperliquid #HYPE #DeFi #Crypto
NEW: @HyperliquidX generated approximately $4.37M in fees over the past 24 hours, surpassing @Polymarket 's $3.9M.
Around 99% of Hyperliquid's fees go toward hyperliquid:native buybacks, with approximately 42,230 HYPE reportedly bought back and permanently burned in the past 24 hours.
To date, Hyperliquid has reportedly bought back and burned over 50.55M HYPE, valued at roughly $3.5B.
A significant development on HyperEVM deserves attention.
According to a report from @palliora, HyperEVM increased gas costs for several critical cryptographic precompiles on November 11, reportedly without advance notice or a publicly available changelog.
The reported changes are substantial:
- BN254: 10x increase
- ecrecover: 5x increase
- modexp: 25x increase
These are not minor adjustments. They could have serious implications for zero-knowledge applications, privacy protocols, ZK bridges, and existing smart contracts.
With HyperEVM's 3 million block gas limit, some ZK proof verification operations could become too expensive to execute within a single block.
What concerns me most is not necessarily the increases themselves, but the reported lack of communication.
Developers building on HyperEVM need predictable execution costs, clear documentation, and sufficient notice of changes that could affect deployed applications.
I remain optimistic about Hyperliquid's long-term ecosystem, but transparency and developer confidence are essential for sustainable growth.
The reported changes and their technical impact deserve clarification from the team.
#Hyperliquid #HyperEVM #HYPE #ZeroKnowledge
NEW: @palliora reports that HyperEVM raised gas costs for key precompiles on November 11 without prior notice or a public changelog.
β’ BN254: 10x increase
β’ ecrecover: 5x increase
β’ modexp: 25x increase
The changes could push ZK proof verification beyond HyperEVM's 3M block gas limit, affecting privacy protocols, ZK bridges, and existing smart contracts.
The reason for the increases remains unclear, raising questions about transparency and their impact on ZK development.
@clintwelch_llc Big players entering the space could be significant, but don't mistake rumors for confirmation. Follow the evidence, not just the excitement.
@JakeClaversqx Blockchain adoption is gaining momentum, but real utility, scalability, and trust will determine how much of the global economy moves on-chain.