Native Markets Leads on Polymarket Odds According to Polymarket, Native Markets is the frontrunner to win control of Hyperliquid’s USDH stablecoin, with bettors giving it 92% odds. These are the highest odds so far, cementing the project’s position as the likely winner. The market confidence signals strong validator backing ahead of Sunday’s vote. Traders see…
Ethena Labs Enters the USDH Race Ethena Labs has become the sixth project to join the high-stakes contest for Hyperliquid’s USDH stablecoin. The decentralized derivatives exchange holds billions in liquidity, and whoever wins control will help shape its future. Ethena’s entry underscores the growing intensity of competition among DeFi leaders eager to define USDH’s role…
What Is Hyperliquid? Hyperliquid is a decentralized perpetuals exchange running on its own custom layer-1 blockchain. The system is split into two tightly connected components: HyperCore, which manages onchain order books, margining, and liquidations, and HyperEVM, an Ethereum-compatible layer that adds programmability. Both run under HyperBFT, a proof-of-stake consensus inspired by HotStuff, ensuring speed and…
Hyperliquid Presses Against $50–$52 Resistance Hyperliquid is edging closer to a breakout, with price action repeatedly testing the $50–$52 zone. Traders view this range as the gateway to price discovery, where new all-time highs could come into play. An ascending triangle pattern is forming, signaling that buyers are gradually preparing for a decisive move upward.…
XPL’s Explosive 200% Rally Raises Eyebrows The Plasma blockchain’s native token, XPL, surged 200% to $1.80 within minutes on Hyperliquid. The sudden move created massive profits for a handful of whales while wiping out other traders. Four whale addresses reportedly orchestrated the rally, generating nearly $48 million in gains. Such abrupt moves highlight both the…
Hyperliquid Gains Ground Against Binance Hyperliquid is steadily eroding Binance’s dominance in the derivatives market. The platform’s trading activity now represents nearly 14% of Binance’s volume, up significantly from around 8% earlier this year. This rapid growth underscores the growing appeal of decentralized derivatives exchanges. Traders are increasingly looking to platforms that can rival centralized…
The Ultimate Crypto Portfolio Guide: BTC, HYPE, MAGAX, and XRP The cryptocurrency market of 2025 is a tale of two worlds: the stability of established giants and the explosive potential of innovative newcomers. As a savvy investor, constructing a portfolio that balances these two elements is key to navigating volatility and capturing life-changing returns. While…
Hyperliquid’s Leap Towards Streamlined DeFi Trading Hyperliquid, a high-performance decentralized exchange, is set to integrate native USDC support, eliminating the need for users to wrap their stablecoins before trading. This update, reported by BitcoinWorld, marks a significant advancement in the decentralized finance (DeFi) space, streamlining interactions between users and the platform. The integration is expected…
Phantom, a leading non-custodial crypto wallet, has announced a significant upgrade to its interface, rolling out direct perpetual futures trading capabilities powered by the decentralised exchange (DEX) and layer 1 blockchain, Hyperliquid. This integration allows Phantom users to access and trade over 100 crypto markets directly from within the wallet app, eliminating the need for…
Trump’s Tariffs Send Ripples Through Crypto Markets The cryptocurrency markets experienced a notable jolt following U.S. President Donald Trump’s announcement of hefty tariffs on 14 countries, including key economic partners like Japan, South Korea, Malaysia, Indonesia, and Kazakhstan, effective August 1. This significant geopolitical move immediately put pressure on crypto assets, reflecting the market’s sensitivity…
