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via Decrypt · By Decrypt Editorial

HYPE Surges 101% This Year: What’s Driving Hyperliquid’s Growth?

HYPE

HYPE/USDT

$61.973
-6.16%
24h Volume

$1,380,727,577.80

24h H/L

$67.35 / $61.63

Change: $5.72 (9.28%)

Funding Rate

+0.0031%

Longs pay

Data provided by COINOTAG DATALive data
HYPE
HYPE
Daily

$62.20

-6.20%

Volume (24h): -

Resistance Levels
Resistance 3$72.1339
Resistance 2$67.8727
Resistance 1$63.7419
Price$62.20
Support 1$60.7412
Support 2$55.725
Support 3$50.7088
Pivot (PP):$63.7267
Trend:Uptrend
RSI (14):48.4
DE
Decrypt Editorial
(02:02 PM UTC)
1 min read
MR
Updated byMichael Roberts
1172 views
0 comments

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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Source

Decrypt Editorial · Decrypt

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