Despite the bullish sentiment on HIP-3, Hyperliquid's pure crypto volumes are down significantly year over year.

HYPE token reaches the top 10 by market cap, driven by Hyperliquid's $1.16B in revenue, aggressive buybacks, and $190B in monthly trading volume.

Institutional investors are ditching range-bound bitcoin and ether for Hyperliquid as the decentralized platform wins over hedge funds with massive liquidity and early access to…

Despite the bullish sentiment on HIP-3, Hyperliquid's pure crypto volumes are down significantly year over year.

HIP-3 builder-deployed markets cleared $62B in May, pushing Hyperliquid to a record 6.63% of global perps volume.

Hyperliquid's market capitalization has climbed to over $16 billion, but still well behind Solana's $42 billion.