Hyperliquid TVL has surged to a new peak following the "10/11 Crash," with the total value locked reaching a near three-month high.
May 27 – Per monitoring from Hyperinsight (https://t.me/HyperInsight), the Total Value Locked (TVL) on the Hyperliquid platform has staged a notable rebound, posting a 7.8% week-over-week increase. As of 8 a.m. Beijing time (the latest UTC trading day), the platform’s TVL reached $55.29 billion – briefly topping $55.3 billion the prior trading day to hit a new high since the "Oct 11 crash."
Meanwhile, Hyperliquid’s open interest (OI) has soared to $9.647 billion, its highest level since February this year. The platform’s 24-hour trading volume hit $7 billion, with roughly 28.1% of that volume coming from the traditional market within the HIP-3 ecosystem.
During the "Oct 11 crash," Hyperliquid’s TVL dropped 12.49% from its peak of $59.8 billion, while open interest plummeted by 57.74% – halving from $14.69 billion to $6.274 billion.
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Former Ethereum Developer: Crypto Industry’s Focus on Vanity Metrics is Misleading VCs into Continued Funding
Former Ethereum developer Max Resnick took to social media on May 27 to slam a large number of on-chain "metrics" in the crypto industry as essentially a scam, designed to push venture capital firms to keep pouring more money into the space.
He specifically called out restaking-related data, noting that "the same ETH is counted at least ten times." Resnick also raised questions about how metrics are defined on most on-chain data platforms, stating, "Every time you carefully examine how these websites calculate their metrics, you’ll find they’re either incorrect or meaningless—they can’t truly measure what they claim to represent."
Resnick further pointed to the continuing deterioration of data for the cryptocurrency lending sector, warning that if the industry fails to face reality and address problems honestly, "the situation will only get worse." He emphasized, "The first step to solving a problem is acknowledging that it’s a problem."
This isn’t Resnick’s only notable career shif
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Bitunix Analyst: Houthi Shipping Briefly Resumes, Market Truly Concerned About "Global Liquidity Shock Post Ceasefire Failure"
May 27: On the surface, markets are trading amid an apparent easing of Middle East tensions and a gradual resumption of shipping through the Strait of Hormuz, but lingering anxiety over war risks, energy supplies, and global liquidity remains unresolved.
In the past 24 hours, roughly 4 million barrels of non-sanctioned crude oil have transited the Strait of Hormuz, signaling some energy transport is returning to something close to normal. Yet military friction between the U.S. and Iran near the strait persists, leaving the situation in a "tenuous ceasefire" phase.
The core issue now isn’t just whether the war will end—even if a deal is reached, the fallout from Middle East risks on global energy, inflation, and interest rates could stretch on for months or longer. That’s why the market’s response to peace signals has grown increasingly tepid. Iran is demanding the unfreezing of $240 billion in overseas funds, while the U.S. insists on addressing high-enriched uranium and sanctions-rela
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Bitcoin diverges from stock market as market watches for “Golden Cross” technical signal
May 27: During Tuesday’s Asian trading session, Bitcoin briefly dipped to around $75,500, a notable divergence from global stock markets that have been sustaining all-time highs. Analysts are closely tracking whether BTC’s chart will form the "Golden Cross" technical pattern—where the 50-day moving average crosses above the 200-day moving average. If Bitcoin can convincingly break through key moving average resistance levels before this cross is confirmed, it could unlock additional upside potential; if not, the current consolidation phase is likely to persist.
On the fund flow front, U.S. spot Bitcoin ETFs have recorded roughly $1.74 billion in outflows over the past two weeks, while retail leveraged positions continue to climb. Market concerns are growing that another pullback could trigger widespread liquidations.
As for other major cryptocurrencies, XRP, ETH, and SOL saw minor declines, with ZEC dropping 9% in a single day. HYPE, meanwhile, rallied 1.4% against the trend, pushing
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India Tests Financial and Government Key Systems to Address Mythos Model Risk
May 27 — Indian officials announced that the country is currently testing some of its most sensitive public-facing financial and government applications to assess their potential vulnerabilities when exposed to Anthropic’s next-generation AI model, Mythos. Tech giants including Infosys and Tata Consultancy Services are evaluating their software’s security against Mythos in secure, controlled environments.
Additionally, officials revealed that India’s national cybersecurity agency CERT-In is also conducting tests on critical digital infrastructure, such as the Aadhaar national identification system and government login platforms. Because these firms do not yet have direct access to Mythos, they are leveraging Anthropic’s Claude Opus 4.7 model to patch identified vulnerabilities. Sources added that the Reserve Bank of India has held multiple meetings with domestic banks, cautioning them to stay alert to risks linked to Mythos.
Last month, Indian Finance Minister Sitaraman stated th
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SK Hynix's stock price soared over 13%, pushing its market capitalization to around $1.11 trillion
May 27 – Per market data from Bitget, SK Hynix’s share price has extended its advance to 13.45%, pushing the semiconductor maker’s market capitalization to 165.7 trillion South Korean won, or approximately $1.11 trillion.
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