Decentralized finance (DeFi) protocol Hyperliquid has entered the ranks of the largest airdrops in history with its genesis event on Nov. 29, when it distributed 310 million HYPE tokens to its ...

Lower crypto valuations have a direct impact on Hyperliquid’s trading commissions and revenue as the layer-one blockchain collects a percentage fee on every trade. If the value of cryptos ...

Gracy Chen, CEO of cryptocurrency exchange Bitget, criticized Hyperliquid’s handling of a March 26 incident on its perpetual exchange, saying it put the network at risk of becoming “FTX 2.0 ...