The trader closed a short position by purchasing 450,000 XRP at a price of $1.44.

Tokens of decentralized exchanges UNI and HYPE have significantly risen amid new decisions by U.S. regulators in the field of tokenized securities. Meanwhile, on-chain platforms maintain activity around digital stocks, commodities, indices, and other traditional instruments.

Hyperliquid's revenue has risen to $1.31 billion, with HYPE being actively burned. Read about the significance of the tokens.

Kraken has launched the kHYPE token, backed by HYPE, for use in DeFi. The investment by 0x8e48 amounts to 159 million dollars.

Hyperliquid (HYPE) faces $27.78 million in supply pressure due to large transfers, creating uncertainty in the market.

BHYP acquired $10.5M in HYPE on September 4. The fund has accumulated $166.3M since launch. 30 investors disclosed positions worth $74.9M.

On October 6, Hyperliquid will release 9.92 million HYPE tokens worth $860 million. Dilution risk is possible.

HYPE joins Hashdex Nasdaq CME Crypto Index ETF as fifth-largest holding.

Hyperliquid plans to enter the US market through Kraken. The decentralized exchange developer is in active negotiations.

Hyperliquid and Pump.fun accounted for nearly ninety percent of total token buyback volume.