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via Decrypt · By Decrypt Editorial
HYPE Surges 101% This Year: What’s Driving Hyperliquid’s Growth?
HYPE
HYPE/USDT
$54.945
+2.38%
$54.945
+2.38%
(24s)24h Volume
$513,413,458.12
24h H/L
$55.52 / $52.86
Change: $2.66 (5.03%)
Funding Rate
+0.0032%
Longs pay
Data provided by COINOTAG DATALive data
DE
Decrypt Editorial(02:02 PM UTC)
1 min read
In brief
- HYPE is up 91% year-to-date while Bitcoin is down 12%, a decoupling tied to Hyperliquid's revenue diversification beyond crypto perps.
- Hyperliquid pulled $255M in revenue YTD, more than the next two apps combined, with 97% accruing to HYPE holders via buybacks.
- Bitwise and 21Shares have filed for HYPE ETFs, with Bitwise committing to hold 10% of management fees in Hyperliquid on its…
COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.
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