Hyperliquid (HYPE)

HIP-4 Documentation about the fees updated today. HIP-3 deployer = HIP-4 deployer. So if you want to deploy prediction, 500K $HYPE need to be stake. The final article and a thread is coming, explaining all you need to know about HIP-4. https://t.co/PVjQ9ty0hf Hyperliquid.

Hyperliquid generated $14M in fees in a single week. +56% vs the previous week. Annualized run rate: $640M. Arthur Hayes has HYPE as his largest non-Bitcoin position and is targeting $150 before August, although the last time he did that he dumped it on his followers and institutions, lol. JPMorgan has just released a specific report on its volume boom thanks to oil and the Iran crisis. And Grayscale, Bitwise and 21Shares have filed spot HYPE ETF registrations with the SEC. The thesis is simple: Hyperliquid doesn’t need the market to go up, just for "things to happen" like what occurred in Iran. It only needs to keep taking market share from CEXs and Tradifi brokers, which it is doing and will continue to do. HIP-3 allows anyone to create permission-less markets -> oil, gold, S&P 500, on-chain, 24/7 with any ticker that has previously cleared the box. Also you already know the official listing from tradexyz of the S&P 500 index. In just 4 months, HIP-3 is taking market share.

CoinGlass 2026 Q1 Cryptocurrency Market Share Research Report One key takeaway from the Report: Trading stayed active, but liquidity and capital became even more concentrated at the top. Binance remained the clear leader in volume, OI, depth, and reserves, while Hyperliquid showed that on-chain derivatives are now part of the mainstream conversation. Q1 was not about euphoria. It was about recovery, concentration, and shifting market structure. https://t.co/aFBjRn5EQA

almost everyone wanted to long $HYPE, so I looked into who’s actually shorting rn two of the largest short positions on HYPE were recently opened around ~38, with combined short position size above $30M -0x939f95036d2e7b6d7419ec072bf9d967352204d2 up $1.8M on the short -0x7dacca323e44f168494c779bb5e7483c468ef410 up $850K on the short both whales have an overall PnL of ~$46M, and are also holding significant HYPE spot positions > 0x7da.....ef410, 560K HYPE (~$20M) > 0x939.....04d2, 681K HYPE (~$24M) so these perp trades look more like swing hedges rather than pure directional shorts

almost everyone wanted to long $HYPE, so I looked into who’s actually shorting rn two of the largest short positions on HYPE were recently opened around ~38, with combined short position size above $30M -0x939f95036d2e7b6d7419ec072bf9d967352204d2 up $1.8M on the short -0x7dacca323e44f168494c779bb5e7483c468ef410 up $850K on the short both whales have an overall PnL of ~$46M, and are also holding significant HYPE spot positions > 0x7da.....ef410, 560K HYPE (~$20M) > 0x939.....04d2, 681K HYPE (~$24M) so these perp trades look more like swing hedges rather than pure directional shorts

@reisnertobias Hyperliquid will flat out win prediction markets

Thanks to @androolloyd's reverse engineering of the HL node binary (https://t.co/njMUSJ1rqj) and @Yaugourt comprehensive HIP-4 guide (https://t.co/CDuZ3ih7hD), we've shipped a wave of updates to Liquidiction: Split - Deposit collateral, receive 1 YES + 1 NO token pair, choose your side and sell the other on the book Merge - Return a YES + NO pair, get your collateral back instantly (No fees, no slippage, no orderbook) Flip - Reverse your position atomically in one action, no two separate trades needed The first HIP-4 frontend that has these options available to use when they launch We also added oracle badges so you can see at a glance whether a market auto-settles from on-chain data or uses a manual oracle, and fee transparency showing that HIP-4 entry is free (fees only on close) The UI is live but the L1 wire format for these actions hasn't been published yet, but once it is, we flip a switch and they go live https://t.co/jeQy7u9Keg Hyperliquid