Source: International Business Times
The move comes as activity on the decentralized trading platform continues to expand, with total value locked on Hyperliquid surpassing $5 billion and open interest nearing $10 billion, both record levels for the platform. Hyperliquid Official Website / Screenshot Hyperliquid's native token HYPE has surged to a record high above $60, defying a prolonged slump across much of the cryptocurrency market and drawing increased attention from institutional investors. The rally pushed HYPE as high as $62 and lifted its market capitalization beyond $15 billion, according to market data cited by CryptoSlate.
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