News linked to both this project and an event.
Grayscale has submitted an amended S-1 filing for its Hyperliquid Staking ETF, proposing a management fee of 0.29% under the ticker HYPG. This fee is lower than that of competitors Bitwise and 21Shares, which have already launched similar products. Specifically, Bitwise's BHYP has a 0% fee for the first month, followed by 0.34%, while 21Shares' THYP charges 0.30%.Bloomberg ETF analyst James Seyffart said the fund is expected to launch as early as this week. If successful, HYPG will become the third Hyperliquid-related ETF.
Odaily Odaily News According to Arkham monitoring, asset management company Bitwise purchased HYPE tokens worth $20 million in a single day. Data shows that last week, Bitwise ETF clients purchased a total of $41.8 million worth of HYPE. Currently, Bitwise's cumulative staked HYPE scale has reached $55 million.Analysis indicates that if investors had bought and held when the BHYP product was launched two weeks ago, their returns to date would have already surpassed the return level of holding the S&P 500 Index over the past two years.
cryptocurrency analyst botblastcap posted on X to analyze the Hyperliquid ETF (HYPG) that GrayScale has applied for.botblastcap stated that the direct stimulative effect of the HYPG launch on the HYPE price may not be as strong as the market expects. This is because a large number of tokens have already been funded through private transactions in advance (i.e., the previously disclosed seed capital investment of 2 million HYPE). Consequently, the buying pressure generated in the spot market on the day of the ETF launch will likely be lower than many anticipate.However, in the medium to long term, this is still a very positive event. It implies deeper liquidity, stronger institutional participation, and potential incremental buying pressure that could continue in the future.Previously, GrayScale submitted the fourth amended filing for the Hyperliquid ETF and plans to provide approximately 2 million HYPE as seed capital investment.
Trust Wallet has integrated Hyperliquid’s perpetual contracts and HIP-4 prediction markets, enabling users to seamlessly switch between different trading scenarios directly within the wallet—no need to navigate to external platforms.
Trust Wallet has announced the integration of the Hyperliquid trading stack, enabling Hyperliquid perpetual contracts and HIP-4 native outcome markets directly within the wallet, with no additional markup fees charged at present.
Bitget has launched a new edition of CandyBomb, with a total prize pool of 165 HYPE. This event is exclusively for new futures contract users. Participants who complete the specified net deposit and futures trading tasks can earn a maximum of 1.65 HYPE per person.Detailed rules have been announced on the official Bitget platform. Eligible users must click "Join Now" to register before participating. The event ends on June 8 at 18:00 (UTC+8).
According to Hyperinsight monitoring, the Anthropic contract deployed by Hyperliquid on Ventuals is currently trading at $1,471 (implying a valuation of approximately $1.48 trillion). Meanwhile, per today’s news, Anthropic’s post-money valuation following its Series H funding round stands at $965 billion. This means that long positions on this contract are betting on a bullish outcome priced roughly $515 billion above the official valuation—representing a ~53% premium over the primary-market valuation.
According to Hyperinsight monitoring, Samsung Electronics has become the first company in the industry to ship HBM4E samples to major global customers. Boosted by this news, its stock price reversed several days of declines, rising 4% intraday. The SAMSUNG contract deployed on the Hyperliquid platform via trade.xyz is currently trading at $206.6, with its intraday high briefly surpassing $210—returning to levels near its previous peak.
Odaily Odaily News: DEGEN NEWS posted on the X platform that the founder and CEO of Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange, stated that they have had multiple meetings with the Hyperliquid team to discuss overlapping businesses and potential cooperation. The CEO noted that Hyperliquid has attracted attention for offering crude oil trading during weekends when traditional crude oil markets are closed.Additionally, Hyperliquid has listed SpaceX derivatives trading. The CEO mentioned that they will watch to see if the price discovered in this private market on June 11, when SpaceX goes public, will impact the IPO. The CEO also stated that depending on the allowed leverage ratio, retail investors will bear significant capital risk in this IPO, which could potentially exceed the size of the IPO itself if it scales up.
According to The Block, Grayscale stated in its updated filing that it is negotiating with Hyper Holdings Global LP to acquire 2 million HYPE tokens in exchange for selling fund shares, as seed investment for its proposed Hyperliquid staking ETF. Valued at Thursday’s price, this portion of HYPE is worth approximately $115 million.
decentralized derivatives platform Hyperliquid has launched a pre-listing perpetual contract for SpaceX (SPCX-USDC) via Trade.xyz, sparking controversy over a global regulatory gap. The contract provides leveraged trading without requiring users to hold any SpaceX stock or authorization from the company. Initially priced at $150, corresponding to an implied valuation of approximately $1.78 trillion, the contract surged to $216 shortly after launch.According to reports, the contract is settled in USDC, with prices derived from market oracles and not linked to SpaceX's actual financials or equity structure. SpaceX itself has neither authorized nor participated in this market, yet its valuation is being priced and traded in real-time on-chain, raising concerns that "decentralized derivatives are taking over price discovery for private companies." This market originates from Hyperliquid's HIP-3 mechanism, suggesting that private company valuations may increasingly be re-priced by on-chain derivatives, while regulatory frameworks have yet to establish corresponding standards. (Forbes)
Odaily, McKenna, a partner at Arete Capital, shared a bullish outlook, stating that HYPE has firmly established itself at its all-time high, with a first target price of $84. Based on the recent strong momentum, he expects it to surpass $100 in less than 12 months.McKenna specifically noted that the HYPE spot ETF has seen strong capital inflows since launching in the $50 range, proving that traditional financial institutions are eager to enter at this price level. Data shows that the HYPE ETF absorbed over $72 million shortly after listing, with institutional capital flowing in at a pace comparable to the early Bitcoin ETF frenzy.
According to Kairos Research data, Hyperliquid’s (HYPE) spot ETF absorbed 1.04% of its market capitalization within the first 10 trading days after launch—outperforming the debut performance of spot ETFs for Bitcoin (0.59%), Ethereum (0.41%), and Solana (0.31%) when measured by market-cap-adjusted demand. Bloomberg ETF analyst Eric Balchunas noted that 21Shares’ HYPE ETF (THYP) has surged 50% since its launch two weeks ago—growing faster than BlackRock’s Bitcoin ETF, IBIT.
According to Hyperinsight monitoring data, the Hyperliquid ETF recorded a single-day net inflow of $20.4 million, with BHYP accounting for $19 million and THYP for $1.4 million. Since its launch, this ETF category has achieved net inflows for 15 consecutive days, totaling $101 million. Institutional allocation demand continues to intensify, potentially driving Hyperliquid’s TVL to a new six-month high. It is reported that 21Shares launched THYP on May 12 (UTC), making it the first to enter the market, while Bitwise launched BHYP on the evening of May 15 (UTC). Following the sequential listing of these two ETFs, overall trading activity in the sector has continued to heat up. Notably, BHYP’s current daily trading volume has expanded approximately 13.6-fold from its debut-day volume of $1.3 million.
BIT Official released a chart analysis stating that the crypto market has already begun pricing in the SpaceX IPO ahead of time.The chart shows that SpaceX plans to IPO on June 12 with a valuation of approximately $1.74 trillion, nearly 40% higher than its latest internal valuation of $1.25 trillion. Currently, Hyperliquid and Binance have successively launched SpaceX-related perpetual contracts, with the implied valuation corresponding to the relevant market price standing at approximately $2.41 trillion.Markus Thielen believes this indicates the market is betting that SpaceX will complete its IPO at a higher valuation or deliver a strong performance after listing. Meanwhile, he pointed out that the launch of such contract products also reflects the deepening integration of the crypto market with traditional finance, as crypto trading platforms gradually expand their trading exposure to stocks and popular primary market themes.
According to official data, the "2026 World Cup Winner" prediction event has gone live on the HIP-4 testnet.Previously, the Hyperliquid mainnet launched HIP-4, with the first offering being the BTC daily settlement prediction market.
Odaily Seer Prophecy Channel monitoring shows that the Hyperliquid mainnet has now launched a prediction event for the "U.S. May CPI Year-over-Year Change," with a 43% probability of a year-over-year increase equal to 4.3%; a 40% probability of a year-over-year increase below 4.3%; and a 22% probability of a year-over-year increase above 4.3%.The judgment criteria for this prediction event will be based on the May 2026 Consumer Price Index (CPI) data released by the U.S. Bureau of Labor Statistics at 8:30 AM Eastern Time on June 10, 2026.Previously reported, Hyperliquid has supported an official prediction market based on off-chain events. Relevant markets will be published by an automated news feed software run by validators, as part of daily on-chain operations.Odaily Seer Prophecy Channel continues to monitor the prediction market, observing changes before they are priced in.
Hyperliquid has announced support for official canonical outcome markets based on off-chain events.According to the introduction, these markets will be published by automated news feed software run by validators as part of their daily on-chain operations. Validators will vote on the deployment and settlement of official prediction markets based on factors such as clarity of rules, accuracy of outcomes, and market quality.
According to The Block, Bitcoin continued trading below $78,000 on Monday, following net outflows of $1.26 billion from spot Bitcoin ETFs during the week of May 18–22—the second consecutive week of outflows exceeding $1 billion. Nevertheless, Timothy Misir, Research Head at BRN, noted that institutional demand has not vanished but is rotating: during the same period, the XRP ETF attracted $22 million in inflows, the Solana ETF drew $16 million, the newly launched Hyperliquid HYPE ETF garnered $72 million, while the Ethereum ETF saw outflows of $216 million. Ethereum also faced pressure due to the SEC’s delay of its tokenized stock trading initiative, though it posted a modest rebound on Sunday amid heightened optimism surrounding the Iran deal. On the options front, for Bitcoin expiring on May 29, the largest open interest concentrations were at the $75,000 put and $80,000 call strikes; for Ethereum, the largest open interest concentration was at the $2,100 put strike. On the macro front, U.S. and European markets were closed for public holidays, and analysts warned of low market liquidity. Should the Iran deal materialize, it could trigger a sharp drop in oil prices and push equity markets to new highs.
trade.xyz, a Hyperliquid ecosystem exchange platform, successfully secured the listing rights for MiniMax perpetual contracts in HIP-3’s Dutch auction at a price of 500 HYPE tokens (approximately USD $30,660). Following the successful auction, trade.xyz has officially launched MiniMax (HKEX: 00100.HK) perpetual contracts and will soon open trading.