HyperliquidBeginnerHypurr NFTs Take Off After Long-Awaited Airdrop Early supporters of Hyperliquid, the perpetuals-focused Layer-1 blockchain, struck gold this weekend when the Hyper Foundation released its Hypurr NFT collection. The airdrop was distributed to active early users, with each NFT depicting quirky…
#crypto#nfts
HyperliquidBeginnerA major crypto asset manager has suggested reducing the future issuance of HYPE tokens and community rewards by 45%, aiming to make the token easier to value for investors. According to the proposal, unissued HYPE tokens allocated for future emissions and rewards would be revoked, and the tokens…
#crypto#tokens
HyperliquidBeginnerEthena has submitted a governance proposal to issue USDH, the upcoming native stablecoin for the Hyperliquid ecosystem. The bid positions Ethena against competitors such as Frax, Sky, and Agora, while highlighting its institutional partnerships and track record in dollar-backed tokens. Key Points…
#crypto
HyperliquidBeginnerJames Wynn, a prominent trader on the Hyperliquid platform, has experienced a significant financial setback after his substantial Bitcoin (BTC) long positions were liquidated. On May 30, as Bitcoin’s price dipped below $105,000, Wynn’s leveraged positions totaling 949 BTC were forcibly closed,…
#crypto
HyperliquidBeginnerBitget CEO Gracy Chen has blasted Hyperliquid’s response to an incident that occurred on its perpetual exchange on March 26 and warned that it might turn into “FTX 2.0.” On that day, Hyperliquid—a blockchain network focused on trading—delisted perpetual futures contracts for the JELLY token and…
#binance#crypto#defi
HyperliquidBeginnerHyperliquid, a layer-1 blockchain known for its high-performance perpetual exchange, faces a critical juncture. In a recent research note, asset manager VanEck highlighted the urgent need for Hyperliquid to attract a thriving developer community, VanEck said. The note emphasizes that Hyperliquid’s…
#altcoin#decentralization#defi
HyperliquidBeginnerHyperliquid, a decentralized derivatives exchange, has launched native staking on its mainnet. This significant development allows users to stake their HYPE tokens to support the network’s security and earn rewards in the process. With the launch of staking, Hyperliquid aims to further…
#defi#mainnet#staking