Hyperion DeFi will deploy 500,000 HYPE under a deal with Skew Technologies to support institutional perpetual futures markets on Hyperliquid’s HIP-3 framework.

Hyperliquid outperforms consumer tokens, boosted by strong fundamentals and a Circle partnership. $HYPE reaching $100 by December 31, 2026 at 39% YES.

HIP-3's share of total Hyperliquid perp volume has climbed from roughly 2% at the start of the year to around 50% now.