Integrated with Origin Protocol's OUSD and Morpho to enable USDC lending markets against WHYPE and kHYPE collateral, with yields distributed to OUSD holders on Ethereum mainnet.

Captures approximately 34% of total perp DEX volume, representing around $5 billion in trading volume.

30% of total open interest originates from Trade XYZ users or platform.

Experienced a 38% increase in weekly volume while TVL declined by 7.7%, with perpetual trading volume rising as vault deposits shrink.

Integrated swaps for HyperEVM into MetaMask via Rango Exchange, enabling in-wallet routing and cross-chain access.

A whale holds a 1,031 BTC short position worth $78M on Hyperliquid with a liquidation price of $76,420.83, currently down $42.39M in total.

A major trader closed long positions worth $227 million (1,050 BTC and 62,000 ETH) on April 14, 2026, realizing $21.21 million in profits, while maintaining an open long position of 58,000 ETH ($138 million) with $20.18 million in unrealized gains.

Captured 29.7% of CeFi perpetual futures volume in Q1 2026.

Introduced fee-free 1:1 mint and redeem between Polygon USDC and USDH on Hyperliquid through Native onboarding, allowing users to bring existing trading wallets with conversion via a dedicated liquidation address.

Included as one of eight major chains in Nansen's $NX8 tokenized L1 index, weighted by market cap with a 20% maximum cap per token and quarterly rebalancing.

Reached all-time high open interest: 6.9% aggregate perpetual versus centralized exchanges at $45 price level, and on HIP-3.

A large trader closed long positions of 1,050 BTC and 6,000 ETH on Hyperliquid, realizing $7.76 million in profit.

A large trader holds an open long position of 114,000 ETH (worth $272 million) on Hyperliquid with unrealized profit of $34.4 million.

Listed on Robinhood (RH).

Launched priority fees on mainnet (alpha), with order priority max rate set at 8 basis points.

Froze legacy HyperCore vaults ahead of deprecation.

New Boros markets launched with 2026-05-14 maturity: WTIOIL and BRENTOILUSDC on Hyperliquid chain.

Processes $2B daily average volume for TradFi perpetuals, with oil products (CL, Brent) accounting for 50%. Achieved $3-4T cumulative trading volume over 3 years across perpetuals and spot markets.

HYPE/BNB trading pair reached a new all-time high on April 13, 2026, the first ATH since July 2025.

Has not raised venture capital funding.

Hyperliquidity Provider (HLP) recorded its first three consecutive monthly losses in its operational history.

Based builds a crypto frontend interface for permissionless markets on Hyperliquid, structured to avoid unregistered broker-dealer classification by not holding custody or routing orders, and only preparing transactions for HyperCore L1.

Integrated with Hyperbeat to enable NGN (Nigerian Naira) fiat offramp with near-instant withdrawals, connecting to local Nigerian banking rails.

Covalent launched a data dashboard powered by GoldRush Streaming API, providing real-time data for 613 markets including HIP-3, order book depth, funding rates, fee economics, and order flow, sourced from the Hyperliquid node stream.

Featured in GLC_Research analysis report titled "The Rise of Hyperliquid" by chameleon_jeff.

HYPE became the #1 top traded token.

A trader sold 499.9 ETH worth $1.1M and opened a 10x leveraged long position on 100,000 xyz:CL tokens valued at $9.52M on the platform.

Native stablecoin USDH uses Superstate's USTB as reserves

Generated $900M profit in 2025 with 11 team members, only 2 with prior crypto experience.

RWA perpetuals represent 44% of daily trading volume on the platform.

Delpho integrates lending markets, stablecoins, and delta-neutral yield features on Hyperliquid, enabling users to borrow against HYPE/kHYPE at 0% APR while earning competitive yield.

Generated $82.2M in protocol fees in Q1 2026, ranking second among all benchmarked chains.

Colossus profiled founder Jeffrey Yan by Dom Cooke.

Burns HYPE tokens from HIP-3 deployment gas and ongoing repurchases.

Raised vault creation gas fee from 100 USDC to 10,000 USDC.

Has ongoing weekly emissions of $83.9M HYPE.

Generates just over $100M in annual revenue per employee.

Integrated with LayerZero to bridge to Bittensor via Mentat Minds.

Reached monthly perpetual trading volume of 209 billion in March 2026, with the previous all-time high of 396 billion recorded in August 2025.

Offers 24/7 trading markets for oil, silver, and S&P 500 futures, accepting pricing accuracy tradeoffs during traditional market closures. Volumes grow approximately 40% week-over-week.

S&P 500 futures traded on Hyperliquid dropped 2% over the weekend (April 12-13, 2026) amid US-Iran developments.

Received approximately $1 billion in USDC inflows on HyperEVM since the start of 2026.

Raised $21.2M in capital across 3 funding rounds during Q1 2026.

Monthly trading volume increased from $4.4B in November 2025 to $56.8B in March 2026.

Five out of the top 10 trading pairs on the platform are tradexyz markets as of April 2026.

Recorded $1.53B in trading volume for WTI futures during a period when traditional markets were closed.

Generated $1.8 million in trading fees over the last 24 hours.

Recorded net inflows of +$45 million over the last 24 hours.

14% of Polymarket's top traders are already active on Hyperliquid, representing $1.43B in Polymarket volume and $189M in perp notional on Hyperliquid.

Arthur Hayes spent 1,100 HYPE ($46,000) for a PFP; token price reached $45.

Blockworks expands involvement, led by Shauna, including Weekend Markets coverage.

Adds HIP-4 prediction markets and event futures with cross-margining across perps, spot, and event contracts via a native unified risk engine, currently in testnet and shipping in weeks.

Reached $5B TVL

Integrated with HyperCore, where 100% of trading fees from the KNTQ Deployer are sent to the Assistance Fund and designated revenue from Markets_xyz is used to purchase KNTQ.

Grayscale and VanEck pursue Hyperliquid ETF products to gain exposure to HYPE token.

Integrated with Liminal's delta-neutral yield strategies for stablecoin savings, enabling users to earn yield through market-neutral positions on Hyperliquid.

Reached a record 20% of Binance perpetuals volume.

Integrated with Valiant (Fogo's DEX), charging a 3.8 bps builder fee and offering Hyperliquid points in April 2026. Also hosts a RIVER/USDC spot pair with a trading competition ending 2026-04-19, offering $1,500 RIVER and 150k River Points for top 20 traders by volume.

A trader opened a 5x long position on 1.38M HYPE (valued at $58.4M) at an entry price of $38.68, becoming the largest on-chain HYPE long position.

Acts as the infrastructure layer for Wagyu's private cross-chain bridge connecting Monero to DeFi, with Wagyu processing up to $10M daily volume in XMR swaps.

Arthur Hayes purchased $1.1M HYPE on 2026-04-11, bringing total holdings to $10.44M with over $2.5M unrealized profit.

Implemented HIP-4 enabling permissionless token launches on Hyperliquid, linking issuance with liquidity.

Sushiswap launched perpetual futures trading for Hyperliquid.

Bitwise filed second S-1 amendment for spot Hyperliquid ETF ($BHYP) with 0.67% management fee, adding Wintermute and Flowdesk as trading counterparties on April 10, 2026.

Integrated with Across Protocol to enable crosschain transfers from all Across-supported chains and tokens into stables on HyperCore.

Added to Grayscale's Q2 2026 "Assets Under Consideration" list, alongside 29 other assets including PENDLE.

A whale holds a $20.05 million BTC short position at 21x leverage with an entry at $71.7k, currently carrying $325k in unrealized losses and zero withdrawable margin on Hyperliquid.

Uses Circle's interoperability infrastructure to enable crosschain account funding for the trading platform.

Achieved $10 billion market cap.

Received CFTC clarity update.

Tether CEO Paolo Ardoino stated that USDT adoption is growing fast on Hyperliquid.

Implemented priority fees on mainnet in alpha mode, up to 8 bps for instant orders (IOC) on select assets via two-tier auction. Fees paid in HYPE for execution priority, burning tokens.

Holds 36% market share in onchain perpetuals, posting $8.28B 24-hour trading volume on April 10, 2026, exceeding the next four perpetuals DEXs combined.

A newly created wallet deposited 5M USDC into Hyperliquid and purchased 59,239 HYPE tokens worth $2.39M.

Monitored for weekend oil price movements as a market indicator during periods of market flux and leadership announcements.

Arthur Hayes stated he is most bullish on Hyperliquid among his altcoin holdings, with approximately 90% of his net worth in Bitcoin.

Whale or institution opened $74.47M short positions in crude oil futures (399,000 WTI at $95.4, 390,000 Brent at $96.4), showing $1.2M unrealized profits with oil futures trading at $98.

Received $3.76B total USDC via Arbitrum bridge; market cap on HyperEVM sits above $1B, increasing 140% from mid-March to mid-April 2026.

Integrates with dHedge, with one manager onboarded and applications open for managers.

Plans to release custom indicators, stops, order book, and liquidation tools for all markets.

Featured in @ourcryptotalk article "Crypto Has a New King. Its Name is Hyperliquid", generating revenue outside stablecoins.

Integrated with HeyAnon AI agent platform through Model Context Protocol (MCP), enabling automated trading and interaction capabilities.

Listed ZEC during Q1 2026, trades at $360 compared to $397 on Coinbase.

Generated $12.4M in fees over 7 days, ranking #1 fee-generating protocol onchain, surpassing Lido and Aave; annual fees reached $900M as of April 9, 2026, allocated to buybacks and burns, with HIP-1 trading fees burning HYPE tokens.

Operates with 12 employees.

Builder codes contribute approximately 10% of total trading volume.

Uses builder codes that allow developers to earn a share of trading fees by building front-ends, integrations, or applications on top of the protocol.

Enabled HIP-3 permissionless perpetual markets, generating over $154 billion in trading volume, at one point accounting for over 47% of total platform volume.

Reached $5.76B in HIP-3 24-hour perpetuals volume, up from $200-400M in late February 2026, a 14x increase.

Recorded 45,300 unique traders on March 24, 2026.

HIP-3 open interest increased from $260M in late December 2025 to $790M by end of January 2026, $1.2B by March 10, 2026, and $2.37B in early April 2026.

Kinetiq launched kHYPE V2, a major upgrade to its liquid staking HYPE token.

Launched HyperBeat Pay card with tiered cashback 0.25%-1.10% based on ecosystem usage (credit, trading, USD+ savings), paid in HYPE tokens, and Liquid Banking, the first on-chain neobank.

Introduced referral program offering up to 25% share of treasury yield on referred users' balances plus cash bonuses per invitation, with ongoing earnings based on friends' account holdings.

Reached $5,339,000,000 in total stablecoin supply, ranking fifth among all chains by stablecoin market cap.

USDC represents 93% of all stablecoins on HyperEVM.

HyperEVM is integrated into MetaMask wallet through a partnership with Rango Exchange for seamless in-wallet swaps and smart routing.

Generates $1 billion annualized revenue with 99% net margins, allocating 97% of protocol revenues to token buybacks.

experienced another ADL (Auto-Deleveraging) exploit incident, described as a recurring issue affecting multiple assets on the platform

Continue Capital unstaked 603,000 HYPE tokens worth $23.3M.