Hyperliquid is the third biggest exchange now based on total aggregate open interest of all coins.
Binance: $22.2B OI
Bybit: $10.5B OI
Hyperliquid: $8.5B OI
OKX: $6B OI
HL now has a total OI market share of about 7.2% which is the previous all time high.
Crazy stats.
Top Net Flows (6M) - Artemis Data
+Hyperliquid: +$2.5B (dominant leader)
+Base: 2nd place, but significant gap behind
+Most other chains in Top 20: net outflows (especially Arbitrum, BNB Chain, Solana, Avalanche...)
Capital continues to concentrate heavily into chains with strong real trading activity.The market is clearly picking winners.
#Crypto #OnChain #Hyperliquid
Mr HYPE man knows it: @CryptoHayes is up $7m on his $HYPE trade, entry was $32 +86%
Respect to Arthur honestly this time he held it like a legend, guess he will get 10 new rarris in future.
$150 $HYPE will come sooner than we think and his thesis will be fully fulfilled.
Hyperliquid.
You are random trader using Hyperliquid
November 2023
- deposit ~$500
- start trading perps
- BTC, ETH, small size
- see a points system, don’t care too much
months go by
- keep trading
- add some liquidity to HLP
- invite a couple friends
- points slowly go up
most people quit but you don’t
November 2024
- rumors of airdrop
- check your account
~545 points
November 29
- open the app
- 2,915 $HYPE
just there and the price is ~$2
few days later ~$9.8
~$28,000
from just using a product
you sell a bit
- take ~$10k
- keep the rest
others made
- $50k
- $100k
- even millions
What you don’t realize is that you were lucky enough to be part of the last great airdrop
$HYPE only has 260k~ holders
~50,000 hold 10 HYPE
~23,000 hold 100 HYPE
~7,000 hold 1,000 HYPE
~1,700 hold 10,000 HYPE
~300 hold 100,000 HYPE
~24 hold 1,000,000 HYPE
to me this looks like early distribution when compared to things like $SOL and ethereum:native who have millions
we are just getting started
hyperliquid
🔥 BIG: Bitwise CEO Hunter Horsley says the Bitwise Hyperliquid ETF $BHYP has already surpassed $30 million in trading volume today, outperforming nearly every other crypto ETF in the market.
The $HYPE ETFs brought in another $16.1M of net inflows today
Many funds still can't even deploy the size they want. Often times larger funds have restrictions on min AUM for an ETF they can buy, or, can only be a max X% of an ETF's AUM. Both of these restrictions should unlock as the ETFs scale in size
Grayscale has also yet to launch and likely comes out of the gates with decent AUM from in-kind contributions
Hyperliquid
INSTITUTIONS JUST BOUGHT $HYPE
Bitwise and 21Shares ETFs have purchased a total of $16.1M HYPE in the past 24 hours. BHYP has so far staked $15.45M HYPE.
Bitwise and 21Shares are buying and staking HYPE.
Many of you asked about this and it's finally become possible! You can now re-delegate your kHYPE to Purrposeful x HyBridge x PiP without unstaking first 🎉
As a reminder, all the rewards from our Kinetiq stake go back to Kinetiq for $KNTQ buybacks https://t.co/ce8CLv2vos
Massive thank you to @0xOmnia and team for being nice while I asked them about this feature on a daily basis 🙏