moong2.hl

[jeff.hl @chameleon_jeff]

Africa's largest crypto exchange will power their core perps offering directly using Hyperliquid's onchain liquidity. This is a major milestone that will redefine how the next generation of financial applications are built.

The breakthrough of cloud computing was that any startup could quickly test their idea, with the comfort that the infrastructure would scale with their business. As the most liquid global venue for assets such as BTC, Hyperliquid will play the same role in the global economy. By tapping into the deepest onchain liquidity, builders can instead focus on their product and users.

Huge congratulations to the VALR team. We are honored that they chose to build on Hyperliquid. Excited to scale together!

[Hyperliquid @HyperliquidX]

VALR, Africa's largest crypto exchange by trading volume, is using Hyperliquid as the onchain infrastructure layer to bring perpetuals to its users.

This marks the first time a centralized exchange has integrated Hyperliquid directly. By building on Hyperliquid, VALR can focus on the experience and interface its users trust. Users benefit from Hyperliquid's deep liquidity and onchain transparency, while never having to leave the VALR platform.

[xulian.hl @xulian_hl]

It is super exciting to see @VALRdotcom go live.

VALR is a wonderful example of how you can use Hyperliquid's technology as the backend infrastructure to offer your platform's users the deepest liquidity in the world on 200+ markets.

[Tushar Jain @tushar_jain]

1/ Multicoin published a full analysis & valuation of Hyperliquid (HYPE).

HYPE is now one of the largest positions in our liquid hedge fund. We've been accumulating aggressively since February.

Here's why we believe HYPE will be one of the best performers over the next cycle:

[고로치 @gorochi0315]

코인 구조를 잘 모르는 사람들을 위해 조언 하자면..

다음 멀티플 사진만 보고 수익금 대비 시총 낮은 종목에 혹 하시겠지만..

수익이 많다는 사실보다 더 중요한 건, 그 수익을 누가 가져가느냐 입니다.

수익금이 적게 벌어도 자동으로 수익금이 모든 홀더에게 돌아가는 프로젝트가 있고,
수익금이 어마어마하게 많아도 수익금을 팀이 전부 재량으로 쓰는 프로젝트도 있습니다.

그런데 둘을 똑같이 Revenue Multiple 하나로만 비교해놓은 저 사진이 과연 의미가 있을까요?

그러면, 이 사진을 만든 사람은 모르고 만들었을까요?

코인판에는 가격만 관심있지 이런걸 잘 모르는 사람들이 수두룩 하니까.. 자기 유리한 데이터만 짜깁기해서 마치 객관적인 데이터인 마냥 올리는 글이 어마무시하게 많습니다.

[Hyperliquid @HyperliquidX]

Portfolio margin on Hyperliquid has been live for six months and is now in beta with increased limits.

Users with account value <$25M can use BTC and HYPE as collateral to trade perps, spot, and outcome markets with greater capital efficiency.

See the Docs for borrow and supply caps, account requirements, and more: https://t.co/vvE8Ehqg7v

See the Support Guide for frequently asked questions: https://t.co/O73OHjBNk0

[Keisan.hl @Keisan_Crypto]

+$17.2M ETF inflows for hyperliquid:native today. These flows may fluctuate on a day to day basis, but one thing is clear and it’s that the net inflows are up and to the right

ETFs + DATs + AF + AQAv2. Spot $HYPE grows scarcer every day

Hyperliquid

[GLC @GLC_Research]

Using FDV to value hyperliquid:native doesn't make much sense.

We've been pretty vocal about this for a long time, yet we still see people relying on FDV over and over again.

We're glad @HypeStrat has released a framework explaining how they calculate the Outstanding Token Supply (OTS) of HYPE, and we're happy to have contributed to the discussion.

Overall, we agree with the framework, but there are a couple of additional nuances worth highlighting.

First, based on Q1 figures, the Hyperliquid team has only claimed around 5% of the tokens they were entitled to through the vesting schedule. While we believe it makes sense to include the full contributor allocation in OTS, the reality is that a large portion of that supply is unlikely to hit the market anytime soon, which further reduces effective selling pressure.

Second, multiple HIP-3 deployers currently have 500,000 HYPE locked as part of the deployment requirements. Those tokens are included in OTS, but they are not freely tradable and therefore do not contribute to the actual float today.

This distinction is important. While OTS is the right framework for valuation purposes, the effective float is meaningfully lower.

More broadly, the key idea behind the framework is that future dilution should not be viewed in isolation. Community rewards and future emissions are intended to create value for the network. If deployed effectively, the value created should exceed the dilution introduced.

Put differently, the goal is for $1 of incentives to generate more than $1 of value and future buybacks.

Full article from @JeroenNieuwkoop below.

Hyperliquid.

[Citrini @citrini]

Hyperliquid.

[ohtani fan @LikeMJ5]

https://t.co/EK6OBpdl2y

[ohtani fan @LikeMJ5]

https://t.co/yJAr85p182

[kook 🏝️ @KookCapitalLLC]

this week $hype makes a new ath

[JUN.hl @KORypto_JUN]

https://t.co/Bq2UZUCQVI

[Coinbase 🛡️ @coinbase]

Coinbase is now the official deployer of @HyperliquidX's USDC treasury wallet.

We will be activating AQAv2 from the two addresses below:

0x4E5319dEb1072B01439EE674db5C321d11fd96F8

0xc20699185c15D0a2fD65779BB5d69f5b0B113c00

[The Wall Street Journal @WSJ]

Hyperliquid, a decentralized crypto platform, is open 24 hours a day, seven days a week. The exchange has emerged this year as a go-to spot for Wall Street’s weekend warriors. https://t.co/3VCVCnxToh

[Eric Rosengren @EricSRosengren]

Hyperliquid has an active market for many commodities, stocks, pre-ipo stocks, as well as crypto. The gold, silver, and oil markets have been active on weekends given the administration's tendency to make announcements over the weekend. 24-7 exchanges means 24-7 trading.

[Grayscale @Grayscale]

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.

[Hyperliquid @HyperliquidX]

RWA open interest on Hyperliquid reached a new ATH of $3B

HIP-3 has set a new OI record every month since its launch in October 2025

[ohtani fan @LikeMJ5]

사람들이 Eth를 포함한 L1 코인가격의 부정

그리고 예전부터 말나오던 Vc 와 foundation 덤핑에 대한 코인의 부정

내부자트레이딩 거르면

이미 여기서부터 별로 남은게없습니다

[Hyperliquid Policy Center @HyperliquidPC]

We welcome today’s CFTC actions: approval of the first U.S.-listed perpetual derivatives contract, an accompanying Commission policy statement on the listing of perpetual derivatives, related interpretive guidance and no-action relief from the Market Participants Division, and a Staff Advisory on 24/7 Trading, Clearing, and Settlement, as a long-overdue acknowledgment that perpetual derivatives are a legitimate and essential tool for price discovery and risk management.

For too long, regulatory ambiguity drove these markets offshore, depriving American traders and institutions of access to regulated venues and undermining U.S. competitiveness in the global derivatives markets.

Today’s actions chart a new path forward. We look forward to engaging closely with the Commission to ensure that the framework it develops is workable not only for centralized intermediaries, but for the onchain protocols where the most significant perpetuals activity actually occurs.