"to house all of finance."
That's the goal @HyperliquidX’s founder laid out to the @WSJ.
$HYPE up 100%+ this past year. ~$16B market cap.
Access $HYPE staking exposure with $HYPG.
https://t.co/Kl3dRispwY
1/ $HYPE is one of the clearest examples of DeFi competing with centralized exchanges on product and economics, not just ideology
Can an onchain exchange become one of the major venues for global trading?
A thread on @HyperliquidX 🧵
Grayscale Hyperliquid Staking ETF (Ticker: $HYPG), the $HYPE ETP with the lowest gross management fee in the U.S.¹, starts trading tomorrow.
$HYPE is the asset powering 24/7 onchain markets, with @HyperliquidX driving trillions in perpetual trading volume²
Direct $HYPE exposure and staking. In your brokerage account tomorrow.
Hyperliquid.
$HYPE just hit a new all-time high of $70, adding $11 BILLION in market cap in 2026.
Why HYPE has been pumping?
- 🇺🇸 The US CFTC has approved the first “US perpetual futures,” the same model HYPE is built on, potentially opening access to a multi-trillion-dollar market.
-The platform makes around $900M–$1B in real fees with only 11 employees.
-About 98% of trading fees are used to buy back and remove it from supply, with buybacks already surpassing $2 BILLION
-$100M in inflows since ETF has launched, with funds like Bitwise also using fees to buy HYPE.
🚨HUGE: Grayscale says Hyperliquid is rapidly gaining share in crypto perpetual futures, a market worth 200 BILLION in daily volume.
“If it continues to execute well… we think Hyperliquid could become a financial services juggernaut.”
$HYPE spot ETFs just crossed $100M in cumulative flows in only 10 trading days, absorbing 1.04% of HYPE’s market cap.
Strongest debut of any spot crypto ETF so far.
This is an impressive early showing for Hyperliquid’s native token.
Fast institutional and TradFi inflows signal real demand for a project with actual product-market fit, revenue, and ecosystem utility.
Despite trading at all time highs, these flows show conviction building behind the scenes.