PayPal’s Former Head of Capital Markets and Head of Finance for Global Credit and Financial Services Joins Company Strong Advocate for Blockchain Adoption for Traditional Institutional Financial Products LAGUNA HILLS, Calif., Sept. 29, 2025 (GLOBE NEWSWIRE) -- Hyperion DeFi, Inc. (NASDAQ: HYPD) (“Hyperion DeFi” or the “Company”), the first U.S. publicly listed company building a long-term strategic treasury of Hyperliquid’s native token, HYPE, today announced the appointment of David Knox, CFA, as Chief Fi ...

| Credit: Gary Hershorn/Getty Images. Key Takeaways Until recently, Hyperliquid dominated the market for decentralized perpetual futures trading. New-kid-on-the-block Aster has overtaken Hyperliquid’s seven-day volume. Aster has generated more fees in the past 24 hours than any other protocol. Since Aster exploded onto the scene earlier this month, once-dominant Hyperliquid faces stiff competition from the new decentralized perpetual futures exchange in town. Not only has Aster confidently surpas ...

ARK Invest CEO Cathie Wood compared decentralized perpetuals exchange Hyperliquid to Solana’s early breakout years, calling it “the new kid on the block.” While speaking on the Master Investor podcast, Wood called Hyperliquid “exciting,” adding that the DEX reminds her of Solana in the earlier days. “Solana has proven its worth and is, you know, there with the big boys,” Wood said, revealing that ARK currently focuses its crypto exposure on Bitcoin, Ethereum, and Solana. She sees the rise of decentralize ...

Crypto treasury firms that stockpile tokens could evolve from speculative wrappers into long-run economic engines for blockchains, argues Syncracy Capital co-founder Ryan Watkins. Digital asset treasury (DAT) firms are publicly traded companies that raise capital to acquire and manage crypto on their balance sheets. In a Sept. 23 blog post and an accompanying thread on X, Watkins said DATs already hold roughly $105 billion in assets across bitcoin, ether and other majors, a scale that few market particip ...

Hyperliquid Emerges as Crypto’s “Killer App” With Explosive Growth. Photo by BeInCrypto Hyperliquid has taken a decisive step toward expanding its on-chain ecosystem with the launch of USDH, a native stablecoin designed to serve the decentralized exchange. The new token is live for trading following its debut this week by Native Markets, the Hyperliquid-based team behind the initiative. Native Market Launches USDH, Stakes HYPE On September 27, Native Markets confirmed that USDH is now available on the e ...

The crypto market is nursing a nasty hangover after a major panic episode earlier this week, with the total market cap of crypto sliding 1.8% to $3.75 trillion as the infamous Red September curse threatens to claim another victim. Yet in this sea of red, there’s at least one token staying afloat: Hyperliquid's HYPE is up a defiant 9.26% and standing as the only cryptocurrency in the top 11 showing green on the day. Meanwhile, traditional markets are playing a different tune entirely—the S&P 500 edged up ...

Increases total holdings to 1,712,195 HYPELAGUNA HILLS, Calif., Sept. 25, 2025 (GLOBE NEWSWIRE) -- Hyperion DeFi, Inc. (NASDAQ: HYPD) (“Hyperion DeFi” or the “Company”), today announced that it has acquired an additional 176,422 HYPE tokens, expanding its total holdings to 1,712,195 HYPE purchased at an average price of $38.25 per token. “The Hyperliquid ecosystem continues to demonstrate the central role that HYPE has in both on-chain governance and enabling the associated governance outcomes, as seen with ...

Hyperliquid's very own stablecoin USDHL, developed by Native Markets, debuted Wednesday, generating over $2 million in early volume. As of writing, the Hyperliquid-listed USDH/USDC pair traded at 1.001, with a total trading volume of 2,244,932.79 USDC. Last week, the Hyperliquid validator community selected Native Markets to receive the USDH ticker following a lengthy bidding war that saw proposals from Paxos, Ethena, Frax, and others. The dollar-pegged stablecoin is issued natively on HyperEVM and is b ...

The battle of the DEXs is hotting up, as BNB Chain-based decentralized exchange Aster has helped its parent chain to surpass Hyperliquid’s 24-hour perpetual trading volume. BNB Chain’s 24-hour perpetual volume stands at $21.6 billion, overtaking Hyperliquid’s $10.7 billion, according to data from Dune Analytics. EdgeX and Light followed closely with $8.2 billion and $6.2 billion, respectively. In terms of overall trading volume, the two exchanges are jockeying for position. Per CoinGecko data, Hyperliqui ...

A 69-year-old man, Richard E. Ptardio, has called billionaire Arthur Hayes's recent sell-off 'a pity'. Hayes, former CEO of cryptocurrency exchange BitMEX and a hedge fund manager, sold 96.6K HYPE (Hyperliquid's token)– worth $5.1 million, on Sept. 21. Only three weeks earlier Hayes predicted HYPE could pump up to 126x by 2028. Now, Ptardio has made a video directed towards Hayes, saying, "Mr. Hayes, old chap, I hear you've sold off your hype cryptocurrency tokens. A pity. You know, regret is the only as ...