HYPE has flipped ETH in open interest on HyperliquidX, with both tokens surpassing $1B. Here's what the milestone means for traders and the DEX landscape.

Bitwise CIO Matt Hougan said Hyperliquid is undervalued as HYPE gains 77% this year and its buyback model drives value.

Hyperliquid's HYPE token has decoupled from Bitcoin with 101% YTD gains as the platform's revenue explodes across multiple sectors.