Contributor
HRC held its first offline meetup in Seoul last week. As part of the event, GLC Research gave a small presentation on Trade.XYZ and equity perpetuals on Hyperliquid. For those who couldn't make it, the full talk is below.
The regulatory landscape around Hyperliquid, perpetual futures, and DeFi broadly is moving fast, and it can be difficult to separate signal from noise. This article aims to cut through that and give readers a clear, up-to-date picture of where things stand: what the current regulatory environment looks like, what the Hyperliquid Policy Center is and what it is trying to accomplish, and what Jake Chervinsky shared in his latest interview with Flood. Whether you are new to the topic or closely following developments, our goal is to make this accessible and keep you informed as things continue to evolve.
Hyperliquid Strategies’ first earnings call highlighted aggressive HYPE accumulation, a strong treasury position, and a valuation-driven capital allocation strategy across both HYPE and PURR. Management emphasized upcoming catalysts such as BLP and HIP-4, while positioning PURR as both an access vehicle for U.S. investors and a growing strategic participant within the Hyperliquid ecosystem.
Hyperliquid was not spared during the liquidation cascade of October 10. It was a brutal event that impacted traders and market participants across the industry. In the aftermath, trading activity declined broadly, with lower volumes observed across both centralized exchanges and DEXs. In this analysis, we take a closer look at where Hyperliquid stands today. We analyze its core metrics and assess how Hyperliquid has been recovering from the October 10 liquidation event.
HyENA introduces USDe-margined perps to Hyperliquid’s, bringing productive collateral, stronger capital efficiency, and new incentive layers for traders and market makers. It’s early, but the liquidity flywheel and alignment between Ethena and Hyperliquid make this an exciting launch.
From Unit enabling spot and deposits, to builder codes driving billions in volume, to HIP-3 equity perps and USDH opening new revenue streams, this article explains how Hyperliquid scales globally with a 14-person team while outgrowing giants like Robinhood.
Hyperliquid Research Collective (HRC) is an initiative by GLC Research and Four Pillars, two independent crypto research firms focused on producing unbiased, high-integrity analysis. Independence has always been our anchor.
Liminal’s xTokens bring delta-neutral yield strategies to Hyperliquid, turning them into liquid and composable assets. Discover how Hyperliquid, Liminal, Unit and Kinetiq with HIP-3 could reshape the future of (onchain) finance.
$HYPE trades at ~9x FCF despite $1.3B in annualized revenue, mainly due to token-specific risk, limited access, and market mispricing.
Hyperliquid has established itself as one of the fastest-growing companies in the space
Yesterday, we joined a call hosted by Keisan and Monk with Bob Diamond and David Schamis, the founders of Hyperliquid Strategies, a firm with a singular objective: maximizing Hype per share.
Welcome to this Hyperliquid Semiannual Report,
As more yield-bearing assets emerge on HyperEVM, this integration gives users powerful tools to speculate on, hedge, or enhance their yield, a major step toward a more composable and sophisticated DeFi landscape on Hyperliquid.
Hyperliquid leads DEX perps with $600M+ in revenue, 97% buybacks, and a custom Layer 1. Explore $HYPE token valuation and risk/reward scenarios.
A $JELLY exploit pushed Hyperliquid to the edge. CEX listings escalated the attack. Centralized intervention worked but it raised some questions.
Discover how Hyperliquid and Unit merge CEX performance with DEX composability. Metrics, fees, liquidity, and adoption analysis inside.