News linked to both this project and an event.
Odaily reports: Crypto analyst Darkfost posted that HYPE's spot trading volume on Binance yesterday hit an all-time high of $16.2 billion, far exceeding the platform's monthly average daily trading volume of approximately $3.6 billion. Driven by this, HYPE's price rose from $81 to $97, a single-day gain of about 24%. The surge in trading volume is related to the announcement of a partnership between TradeXYZ and Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange (NYSE). The two parties plan to launch a 24/7 perpetual futures market in the United States built on Hyperliquid's technical infrastructure, covering equities, commodities, foreign exchange, and cryptocurrencies, subject to regulatory approval.Under the arrangement, ICE will operate the regulated market, while TradeXYZ will handle market design and implementation. The news was subsequently shared by Stanley Druckenmiller in his first-ever post on X. Darkfost noted that the news was quickly priced in by the market, but it was not entirely without warning—Trump had previously stated that Mike Selig, chairman of the U.S. Commodity Futures Trading Commission (CFTC), is working to bring Hyperliquid into the U.S. market in a compliant and legal manner.
research firm Decentralised.co (DCo) has released a report stating that the share of non-crypto asset trading volume on Hyperliquid rose from zero in September 2025 to a peak of 51% in July 2026, and stood at approximately 30% in October 2026; on October 27, such trading accounted for 40% of the platform's $7.2 billion in daily trading volume, with single stocks being the largest trading category that day.The report uses a 2029 global futures and equities market size of $934 trillion as its base, with the base-case scenario assuming crypto trading volume grows to 3 times the current level, a 3% share of the non-crypto market, a blended fee rate of 0.006%, USDC yield falling to 3.6%, and HIP-4 contributing $100 million in revenue; on this basis, it estimates that 2029 revenue will rise from $944 million to $4.91 billion, corresponding to an HYPE price of $128 at a 40x valuation, $98 at a 30x valuation, and $165 under the optimistic scenario, with the current HYPE price at approximately $77. The report states that if the non-crypto fee rate falls to CME's 0.0004%, the base valuation would drop to $66; Binance has already listed 229 TradFi perpetual contracts this year, with average daily trading volume of $13.4 billion, higher than Hyperliquid's $2.3 billion.
Odaily reports: Jeff stated that Hyperliquid's next network upgrade will adjust the rules for TWAP orders with stop prices: when the price crosses the set boundary, the remaining execution plan will change from termination to pause; if the price meets the conditions again within the originally scheduled execution time, the order can resume execution, whereas previously a new order would need to be placed. The TWAP feature can split large orders into smaller ones and execute them gradually over a set period, currently supporting cycles from 5 minutes to 7 days, with a minimum order amount of $100. For example, when buying HYPE in batches over 2 hours with a maximum price set at $80, the order pauses when the mark price rises to $81; if the price falls back to $79 and it is still within the 2-hour window, the order can continue executing. The same rules apply when setting a minimum price for sell orders.
According to BeInCrypto, Grayscale released a crypto asset valuation ranking evaluated based on two metrics: "Token Holder Yield" and "Adjusted Earnings Yield". HYPE topped holder yields at 8.0%, with Lighter (LIT) following closely at 7.9%, and PancakeSwap (CAKE) ranking third at 2.6%, followed sequentially by AERO, UNI, RAY, PENDLE, AAVE, JUP, and CRV. In terms of adjusted earnings yield, CAKE led at 14.4%, with LIT at 14.1% and HYPE at 9.8%, followed sequentially by RAY, AAVE, JUP, SKY, UNI, AERO, and PENDLE. The report showed that five assets on the list had negative holder yields, including AAVE, JUP, and CRV, with CRV at -5.5% and JUP at -2.6%. Grayscale calculates holder yield as staking rewards plus buybacks minus new token issuance, so holders face dilution when new issuance exceeds total yields. While JUP's adjusted earnings yield stands at 3.5%, its holder yield remains negative.
Odaily News: Hyperliquid Strategies released its weekly data for October 22. The company bought 130,000 HYPE this week, equivalent to a value of $10.23 million. Currently, the company holds a total of 38.83 million HYPE, with a total position value of approximately $3.055 billion; meanwhile, its cash position decreased by $10 million, bringing the cash balance down to $245.3 million.
According to the latest research report published by Delphi Digital, Dealers Always Win: Why Speculation is the Theme of the Next Decade, Robinhood (HOOD), Hyperliquid (HYPE), and Lighter (LIT) are listed as core targets for positioning in this investment theme. In evaluating these assets, Robinhood demonstrates the advantage of an integrated broker bundling event contracts, options, and cryptocurrency distribution; Hyperliquid, leveraging permissionless on-chain perpetuals and expansion protocols such as HIP-3 and HIP-4, is evolving into an on-chain clearing layer supporting multi-asset round-the-clock trading, while continuously repurchasing HYPE through protocol fees; and Lighter, which constructs its order book using zero-knowledge proofs, has also built competitive moats through zero retail fees and cross-platform distribution partnerships. Collectively, they form an infrastructure exposure designed to capture global speculative demand.
Odaily reports: Crypto research firm Delphi Digital has published a report titled "The House Always Wins: Why Speculation Is the Theme of the Next Decade," listing Robinhood (HOOD), Hyperliquid (HYPE), and Lighter (LIT) as targets for participating in this investment theme. The report argues that technological change along with economic and monetary system pressures are jointly driving speculative demand, and proposes allocating to platforms capable of sustainably generating revenue from trading activity, with a focus on profitability, fee-capture capability, and user acquisition advantages. The report's authors disclosed holdings in the aforementioned targets.
According to PRNewswire, Blockchain.com has officially launched its options trading feature, which initially supports seven assets including Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Hyperliquid (HYPE), Avalanche (AVAX), XRP, and TRON (TRX). Users can purchase Call or Put options and select expiration dates and strike prices.
Odaily Report: Spencer Applebaum, General Partner and Co-Head of Venture Investments at Multicoin Capital, said that Multicoin Capital manages $2.7 billion in assets, will not follow institutions such as Paradigm in expanding its investment scope into AI and robotics, and will continue to focus on the digital asset sector. Regarding the "crypto + AI" concept, Applebaum said that some investors are looking for problems at the intersection of crypto and AI that do not actually exist. In response to the slowdown in capital deployment, he said that in 2023, most seed-round projects had post-money valuations of about $30 million and raised about $3 million, and that using a $422 million fund to invest in such rounds requires more time. In addition, the largest position of Multicoin Capital's hedge fund is the Hyperliquid-related token HYPE, all of which was purchased through the public market; the firm typically holds publicly traded assets for several years.
据官方消息，Hyperliquid 生态的首个 L2 网络 Elysium 将于 11 月 9 日正式上线主网。Elysium 专为 Hyperliquid 构建，基于 HyperEVM 结算并与 HyperCore 共置，采用 HYPE 作为原生燃料代币（Gas）。该网络运行 Conduit 的 G2 排序器，底层架构符合 SOC II Type 2 安全标准。
Odaily reports: Paragon announced on X platform that the Papertrade (PAPER) perpetual contract has launched on the Hyperliquid HIP-3 market, supporting up to 3x leverage. The PAPER price is currently at $0.012, with contract open interest at only approximately $30,000.Previously, Paragon spent 570.98 HYPE (approximately $45,000) to acquire the PAPER ticker.
Hyperliquid has announced adjustments to its write priority fees rules, with the changes now live on testnet, primarily affecting latency-sensitive trading users. The new rules include:Mempool priority applies only to Standard abstraction;Aside from cancellations, order placements, and order modifications, other HyperCore operations will cause the relevant account's operations to be downgraded before confirmation;Users who have previously sent CoreWriter operations directly will have their mempool priority lowered;Additionally, using IOC and ALO priority fees requires holding at least 10 HYPE in delegatable balance.
Odaily News: Real-time data for decentralized trading platform Hyperliquid's 24/7 perpetual contracts is now available on the Bloomberg Terminal, allowing professional investors to monitor its contracts related to cryptocurrencies, crude oil, gold, the S&P 500 index, chip manufacturers, and foreign exchange. This integration does not support direct execution of Hyperliquid trades through the Bloomberg Terminal.Under the AQAv2 framework, Hyperliquid has received its first $14.58 million USDC payment, covering a 30-day period. This mechanism allocates approximately 90% of the cost-adjusted reserve yield generated from USDC supply to Hyperliquid, which is directed into the Assistance Fund for purchasing HYPE.Following the related developments, the price of HYPE briefly exceeded $95, approaching its all-time high of $97.96. The number of wallets holding more than 10 HYPE has surpassed 50,000, reaching its highest level since August 15. (Bitcoin.com News)
According to a post by Hyperliquid Daily on X, the Bloomberg Terminal now supports entering "WSL HYPE" to view around-the-clock real-time quotes for some Hyperliquid perpetual contracts, covering cryptocurrencies, equities, commodities, foreign exchange, and indices. Users can compare the relevant prices with Bloomberg reference quotes, though trade execution is not currently supported.
According to Hyperliquid Daily (@HYPERDailyTK), the Bloomberg Terminal now supports users in monitoring Hyperliquid perpetual contract prices around the clock by entering WSL HYPE <GO>, covering multiple asset classes such as cryptocurrencies, stocks, commodities, foreign exchange, and indices. Institutional users can compare Hyperliquid prices with Bloomberg reference prices such as BTC, NVDA, the S&P 500, Brent crude oil, and EUR/USD exchange rates without leaving their existing workflows. While this integration does not currently support trade execution, it marks Hyperliquid's official entry into institutional-grade price reference systems, helping to enhance its market visibility and credibility, and is considered a significant step toward integrating on-chain markets into institutional workflows.
Odaily News: In response to a tweet previously posted by Polymarket CMO Matthew Modabber regarding "Hyperliquid and Polymarket revenue scale and HYPE token market cap," Polygon co-founder Sandeep quoted the post and said that POLY will take over everything.Earlier news: The Polymarket CEO will share important views at Token2049, and the community speculates it may be related to the POLY token.
Odaily News: HL HUB (Community) posted on X that Hyperliquid is expected to receive its first AQAv2 reserve yield distribution tomorrow (October 3). Approximately $14.5 million in passive yield generated from USDC reserves will flow into the Assistance Fund for HYPE buybacks.It is reported that under AQAv2's revenue-sharing mechanism, Hyperliquid stablecoin deployers are required to allocate 90% of stablecoin reserve yield to the Hyperliquid protocol, and 100% of these proceeds will be used for buying back and burning HYPE tokens. Stablecoin reserve yield sharing is accumulated and settled on a 30-day cycle, with proceeds automatically transferred to the Assistance Fund on the 8th day after the cycle ends. Formal yield accrual began on August 26, so the first yield payment will be made on October 3.
Coinbase has announced the expansion of its crypto-collateralized lending service, adding support for HYPE and ZEC as collateral. Eligible users can borrow instantly without selling their assets, with a maximum limit of $100,000. The service is currently available to U.S. users, excluding New York, and is powered by the decentralized lending protocol Morpho, running on the Base network.
According to Odaily, Coinbase posted on X that users can now use HYPE and ZEC as collateral to obtain instant loans of up to $100,000 without needing to sell the related assets.
Odaily News: Sei posted on X platform that REX Shares and Osprey Funds have updated their staking SEI ETF application filing with the U.S. Securities and Exchange Commission (SEC), setting October 23 as the effective date. The ETF is intended to provide spot SEI exposure with staking yield support. Previously, REX Shares and Osprey Funds also filed similar ETF applications for assets including NEAR, HYPE, SUI, and AVAX.