Hyperliquid (HYPE) — Onchain News & Whale Tracking

Impacted by the downturn of XPL and ETH, "Buddy" has seen their total profits on Hyperliquid shrink to $6.1 million

On October 1st, as monitored by Onchain Lens, due to the decline of XPL and ETH, the total profit of the "Mahjong" on Hyperliquid has contracted to $6.1 million. Meanwhile, its peak profit reached around $44.84 million. As of the time of this writing, its Ethereum long position with a leverage of over 15 times is in a floating loss of $4.16 million. Its XPL long position with a leverage of over 5 times is in a floating loss of $9.94 million.

Flowdesk won the auction on Hyperliquid for the `FLOW` code with a bid of 779.87 HYPE.

On October 1st, according to analyst @mlmabc, the digital asset service provider Flowdesk successfully bid 779.87 HYPE in the latest Hyperliquid ticker auction and won the "FLOW" ticker. Flowdesk also previously spent 9999 HYPE to purchase the Hypurr #21 NFT on the 29th.

A whale address has deposited 7 million U into HyperLiquid to open XPL, ASTER, and APEX short positions.

On September 30th, as monitored by Onchain Lens, a whale address deposited 7 million USDC into HyperLiquid and initiated short positions of XPL, ASTER, and APEX with 3x leverage. This address has been gradually increasing its short position and has staked 1,000 HYPE tokens (equivalent to approximately $45,000).

James Wynn10x Shorting HYPE, Claims Hyperliquid Faces Fierce Competition

HypurrFi Loan Protocol is now live with the Hyperliquid stablecoin USDH

On September 29th, the non-custodial lending protocol HypurrFi native to HyperEVM has now integrated the Hyperliquid stablecoin USDH. It offers a borrowing cap of 3 million tokens and a supply cap of 5 million tokens to provide liquidity support.

HyperLiquid has deployed the distribution of the Hypurr NFT

September 29th, via the link "https://app.hyperliquid.xyz/join/NTOD", HyperLiquid officially declared that the Hypurr NFT collection has been deployed and distributed on HyperEVM, with a total of 4,600 NFTs. Among them, 4,313 NFTs were allocated to the participants of the genesis event, 144 were allocated to the Hyper Foundation, and 143 were allocated to core contributors such as the Hyperliquid Lab, NFT artists, and other contributors. The ownership and use of Hypurr NFT are subject to the Hypurr NFT Terms and License. Participants who choose to receive the Hypurr NFT during the genesis event will be selected based on the Foundation's risk assessment plan. In addition, HyperLiquid has carried out clustering analysis to prevent sybil attacks and has limited the total number of NFTs that each user can receive. The goal of the Hypurr NFT collection is to share a commemorative token with users who early on believed in and contributed to Hyperliquid's development. Just like what Hypurr d

Hyperliquid Announces Mainnet Launch of Permissionless Spot Quote Asset Feature

September 28th. Hyperliquid announced that its mainnet has launched the permissionless spot quote asset feature. Stable asset deployers can enable the spot quote asset status. The USDH deployed by Native Markets is the first permissionless spot quote asset, and the HYPE/USDH trading pair is already live. More permissionless trading pairs will be deployed in the future. Any quote asset can be part of the initial spot trading pairs in HIP-1. Additional pairs between existing base tokens and quote assets can be deployed through permissionless Dutch auctions, independent of the HIP-1 token auction. BlockBeats Note: Permissionless Spot Quote Assets refer to tokens on a DeFi protocol or blockchain mainnet. Any user or asset deployer can, based on on-chain rules (without centralized approval), set their token as a quote asset in a spot trading pair.

Mainstream Perp DEX Overview: Aster Maintains Top Spot in 24-hour Trading Volume, with Hyperliquid in Second Place

On September 28th, according to the data from perpetualpulse on Twitter and Dune Analytics, the mainstream Perp DEX's 24-hour trading volume and current TVL are as follows: The 24-hour trading volume of Aster is approximately $42.88 billion, with a 1994% increase in the past 7 days. It has a TVL of around $23.2 billion and currently supports 42 trading pairs. The 24-hour trading volume of Hyperliquid, which can be accessed at https://app.hyperliquid.xyz/join/NTOD, is approximately $17.16 billion, with a 75.2% increase in the past 7 days. It has a TVL of around $57.16 billion and currently supports 180 trading pairs. The 24-hour trading volume of Lighter is approximately $5.78 billion, with a 109% increase in the past 7 days. It has a TVL of around $6.8 billion and currently supports 71 trading pairs. The 24-hour trading volume of edgeX is approximately $3.42 billion, with a 213% increase in the past 7 days. It has a TVL of around $2.5 billion and currently supports 84 trading pairs

Crypto KOL Cozomo deposited 1.28M U into Hyperliquid and bought XPL with all funds.

On September 28th, as per the monitoring of LookOnChain, the crypto KOL Cozomo de' Medici transferred 1.28 million USDC into Hyperliquid and purchased 781,252 XPL (which is approximately equivalent to $1.28 million).

Aster 24hr Revenue Surpasses Hyperliquid by 7x

On September 27th, according to data from Defillama, Aster's revenue in the past 24 hours soared to approximately $16.09 million, ranking second in terms of cryptocurrency revenue, only behind Tether's $22.18 million. It surpassed Hyperliquid ($2.26 million) by 7 times, based on the typical American language usage.

Hyperliquid has launched the HYPE/USDH spot trading pair

September 27th. According to the official website, Hyperliquid has just launched the HYPE/USDH spot trading pair. It previously listed USDH/USDC. (Link: https://app.hyperliquid.xyz/join/NTOD)

Mainstream Perp DEX Overview: Aster Tops 24h Trading Volume, Hyperliquid Regains Second Place

On September 27th, based on perpetualpulse and Dune data, the 24-hour trading volume and current TVL (Total Value Locked) of the mainstream Perp DEXs are as follows: The 24-hour trading volume of Aster is approximately $469.8 billion, with a 7-day change rate of 2188.1%. Its TVL is approximately $23.15 billion, and it currently supports 42 trading pairs. For Hyperliquid (with the link https://app.hyperliquid.xyz/join/NTOD), the 24-hour trading volume is approximately $171.6 billion, with a 7-day change rate of 53.1%. Its TVL is approximately $57.16 billion, and it currently supports 180 trading pairs. The 24-hour trading volume of Lighter is approximately $66.7 billion, with a 7-day change rate of 125.8%. Its TVL is approximately $6.41 billion, and it currently supports 71 trading pairs. The 24-hour trading volume of edgeX is approximately $45.8 billion, with a 7-day change rate of 245.6%. Its TVL is approximately $2.42 billion, and it currently supports 84 trading pairs. The 24-h

Hyperliquid has now launched the APEX perpetual contract

September 27th. Hyperliquid made an announcement in a post stating that, in accordance with community requests, the APEX perpetual contract has become available now, and the leverage reaches up to 3 times.

Aster 24-hour Revenue Surpasses Hyperliquid by 3x, Soaring to Over $16 Million

On September 26th, according to data from Defillama, Aster's revenue in the past 24 hours surged to approximately $16.17 million. It ranked second only to Tether's $22.08 million in the cryptocurrency revenue leaderboard and surpassed Hyperliquid ($4.89 million) by three times.

The largest XPL long position address on Hyperliquid experienced significant slippage, resulting in partial XPL liquidation.

Bitwise has submitted the Hyperliquid ETF application to the U.S. SEC

On September 26th, Bloomberg analyst James Seyffart made a post on the X platform indicating that Bitwise had submitted a Hyperliquid ETF application to the U.S. SEC.

「Eugene Whale」 transferred 5 million USDC as collateral to Hyperliquid, currently holding five long positions with a total unrealized loss of $941,000.

On September 25th, according to on-chain analyst Ai Yi (@ai_9684xtpa), after trader Eugene expressed a bearish market view yesterday, the public long opponent address added 5 million USDC as collateral to Hyperliquid half an hour ago. Currently, the floating loss of the five long positions is $941,000. In addition, he also placed a "0.85 to 0.89 US dollars" XPL limit buy order with a total value of $500,000.

The largest XPL long position on Hyperliquid is currently showing a unrealized profit of $4.15 million.

On September 25th, according to the on-chain analyst Yujin Monitoring, the largest long position of XPL on Hyperliquid is currently making a profit of $4.15 million. Yesterday, he opened a 1x leveraged long position with 17.75 million XPL (valued at $16.45 million) at a price of $0.69. Today, after the opening price of XPL rose to the current $0.93, his position is now making a profit of $4.15 million.

A trader lost over 45.3 million US dollars on Hyperliquid in 40 days

On September 25th, as per the monitoring of LookOnChain, trader 0xa523 suffered a loss of over $45.3 million on Hyperliquid within just 40 days, emerging as the platform's largest loser. Subsequently, they withdrew the remaining $450,000 from Hyperliquid.

Aster's perpetual contract trading volume in the last 24 hours exceeded Hyperliquid's by 3.5 times

On September 25th, according to Defillama data, the 24-hour perpetual contract trading volume of Aster reached $35.886 billion, which is 3.5 times more than that of Hyperliquid ($10.094 billion). In addition, the 24-hour perpetual contract trading volume of Lighter reached $10.56 billion and also surpassed Hyperliquid.

In the past 7 days, the cumulative net sell pressure on Hyperliquid has reached $663 million, causing a $5.3 billion market capitalization evaporation of HYPE.

On September 25th, according to mlm Monitor, during the past 7 days, it has been noticed that there was a net outflow of $2.83 billion in HYPE spot. Meanwhile, HYPE perpetual contracts (perps) witnessed a net outflow of $3.8 billion. As a result, there was a total net selling pressure of $6.63 billion on Hyperliquid. This led to a price drop of approximately 30%, wiping out around $17.5 billion in fully diluted valuation (FDV) and $5.3 billion in market capitalization.

A certain contract whale chose to exit after incurring a $44 million loss, and has emptied the Hyperliquid wallet

On September 25th, according to EmberCN's monitoring, a whale that took a long position on ETH and suffered a loss of $35.84 million. Then, it reversed and took a short position on BTC, incurring an additional loss of $7.5 million. In total, it has chosen to exit after losing $44 million: It has just emptied its Hyperliquid wallet by transferring the remaining $450,000 funds after being liquidated at noon to the Crypto.com trading platform.

Based: Hyperliquid's first Launchpad was oversubscribed by 110x, raising $73 million

On September 25th, the omni-channel trading platform Based declared that the first Launchpad on the Hyperliquid platform had come to an end. The public sale was oversubscribed by 110 times, raising a total of 73 million US dollars. The first project, UPHL, is scheduled to start trading on HyperCore at 4:00 UTC on September 26th. Users can claim their tokens after the listing. The airdrop claim window will open at 6:00 UTC, allowing users to choose between instant claim or locking up for a higher bonus multiplier.

「Whale Friend」 Deposits 4.72M USDC into Hyperliquid to Avoid Liquidation in Last 2 Hours

On September 25th, as per the monitoring of LookOnChain, due to the market decline, the "Whale" currently holds a long position on ETH and PUMP, with an unrealized loss exceeding $21.77 million. During the past 2 hours, they deposited $4.72 million USDC into Hyperliquid to prevent liquidation.

A whale address has deposited 6 million U into Hyperliquid to buy HYPE.

On September 25th, as monitored by Onchain Lens, a whale address transferred 6 million USDC into Hyperliquid for the purpose of buying HYPE. Currently, this address holds 285,466 HYPE, which is approximately worth $12.99 million. It has an unrealized gain of $7.16 million. Additionally, it still retains 2.06 million USDC for further purchases.

At Hyperliquid, the largest loss address went long on HYPE with 10x leverage, with a notional position value of $20.5 million.

USDH has been officially launched on Hyperliquid.

On September 24th, according to The Block, the stablecoin USDH issued by Native Markets has been listed on Hyperliquid. Now, the trading pair of USDH/USDC is available. The initial trading volume was approximately $2.2 million, indicating a cautious yet active start in the market. USDH is the first U.S. dollar-pegged token that was issued through a validator-led selection process on Hyperliquid. This stablecoin is natively deployed on HyperEVM and can be used throughout the Hyperliquid ecosystem. Native Markets emerged as the winner in the bidding process earlier this month, outperforming companies such as Paxos, Frax, and Agora. The rollout is planned in phases, and the first USDH/USDC spot market was launched within days after the vote was approved. The issuer stated that the USDH reserve is fully backed by cash and short-term U.S. Treasury bonds. The initial allocations include off-chain management and on-chain components, providing transparency through oracles. The proposal also

Hyperliquid Launches HEMI Perpetual Contract, Supporting Up to 3x Leverage

On September 24th, as per official channels, Hyperliquid has incorporated support for HEMI USDC perpetual contracts, and the leverage offered is up to 3 times.

Aster's perpetual contract trading volume in the last 24 hours has exceeded Hyperliquid's volume twofold.

On September 24th, according to data from Defillama, the 24-hour trading volume of Aster's perpetual contract reached $21.12 billion, exceeding that of Hyperliquid ($9.72 billion) by two times.

Aster 24-hour Perpetual Contract Trading Volume Surpasses Hyperliquid, Surpassing $11.8 Billion

On September 23rd, the trading volume of Aster's 24-hour perpetual contract exceeded $11.8 billion, surpassing Hyperliquid.

The 24-hour perp volume on Aster(@Aster_DEX) has exceeded $11.8B, surpassing #Hyperliquid.

The 24-hour perp volume on Aster(@Aster_DEX) has exceeded $11.8B, surpassing #Hyperliquid.

Hyperliquid reports that the largest AVAX whale on their platform is currently long, with a floating profit of $1.43 million.

September 23rd. According to Embermonitor, an address has held a long position of $21.4 million worth of AVAX on Hyperliquid since 11:00 PM last night, which makes it the largest AVAX position on Hyperliquid. After taking a long position last night, AVAX has increased by 10%, and the trader currently has an unrealized profit of $1.43 million. His average entry price is $32.2, and the liquidation price is $27.1.

The largest loss address on Hyperliquid has been liquidated in a BTC short position, profiting $430,000

Hyperliquid's Plasma (XPL) is currently trading at $0.83, with a corresponding Fully Diluted Valuation (FDV) of $8.3 billion.

On September 23rd, according to market data from Hyperliquid, Plasma (XPL) is currently trading at $0.83 in the pre-market session, and it has achieved a 24-hour gain of 16.12%. Given the total supply of 10 billion tokens, this translates to a Fully Diluted Valuation of $8.3 billion.

The largest loss-making address on Hyperliquid has once again shorted BTC, with a position worth $77 million.

On September 22nd, as monitored by on-chain data analyst Yu Jin, the 0xa523-initiated contract whale address (the largest loss address on Hyperliquid), which previously [suffered a loss of $35.84 million by going long on ETH and then an additional loss of $7.5 million by shorting BTC], has returned to shorting BTC after making a profit of $420,000 by going long on ASTER. Currently, they are shorting 684 BTC at a price of $112,776, with a position value of $77 million and a liquidation price of $113,922.

Hyperliquid has now launched 0G Instant Settlement transactions

September 22nd. Based on official information, Hyperliquid has now initiated 0G contract trading and supports a leverage of up to 3 times.

Hyperliquid has now launched STBL contract trading

A whale has just deposited 3.57 million USDC into HyperLiquid, going 20x long on ETH and BTC.

On September 22nd, as monitored by Onchain Lens, a whale transferred 3.57 million USDC into HyperLiquid and took a long position on BTC and ETH with a leverage of 20x.

AVNT Contract Trading Now Live on Hyperliquid

September 21st. Based on the information from the official website, Hyperliquid has now initiated the contract trading of AVNT.

pump.fun Protocol Revenue Surpasses Hyperliquid in the Last 24 Hours

On September 21st, according to data from Defillama, pump.fun has achieved a revenue of $1.55 million within the past 24 hours. This figure surpasses the $1.47 million revenue generated by Hyperliquid during the same period. As a result, pump.fun now ranks third, following Tether ($21.91 million) and Circle ($7.72 million).

OKX CEO Star: Due to regulatory concerns, we have not launched similar Hyperliquid products and hope that the industry will receive a clear regulatory framework.

On September 21st, OKX CEO Star took to X and stated, "Hyperliquid has demonstrated that on-chain perpetual contract businesses can achieve remarkable success with a very small number of employees. Now, more competitors like Aster are entering this field. OKX Web3 has also been conducting tests on similar products since 2023. However, due to regulatory considerations, we have decided not to launch on the mainnet." While on-chain perpetual contract growth is underway, we must not overlook the CFTC's enforcement action against Deridex in 2023. The regulatory enforcement landscape has undergone a fundamental shift, and we hope that the industry can soon obtain the much-needed regulatory clarity.

「Hyperliquid's largest short position on ASTER」 was closed, resulting in the liquidation of 1,293,000 ASTER. They then increased their position by acquiring an additional 3,153,000 ASTER, resulting in an unrealized loss of $1,798,000.

On September 21st, according to on-chain analyst Ai Yi (@ai_9684xtpa), last night, with the continuous rise of the coin price, the "Hyperliquid's largest ASTER short position" liquidated 1.293 million tokens at a loss of $390,000. Subsequently, they re-entered the position with an allocation of $5.11 million and are currently holding 3.153 million tokens. The entry price was raised to $1.05, resulting in an unrealized loss of $1.798 million.

A whale has deposited 7.4 million USDC into Hyperliquid, taking a 3x leverage long position on BNB and XPL.

On Hyperliquid, the whale with the largest short position on ASTER is going 10x long on HYPE, while simultaneously going 3x short on ASTER.

On September 20th, as per on-chain analyst Ai Yi (@ai_9684xtpa), the address 0x939...204d2 is currently holding a 10x long position worth $7.15 million in HYPE and a 3x short position worth $3.78 million in ASTER. This represents the largest ASTER short position in Hyperliquid's history, with an unrealized loss of $1.352 million at an entry price of $0.7791.

A whale deposited 1.22 million USDC into Hyperliquid to open a 5x leverage PUMP long position.

Hyperliquid's protocol revenue in the last 24 hours has surpassed pump.fun.

On September 19th, based on Defillama data, Hyperliquid has attained a revenue of $2.75 million within the past 24 hours. This figure surpasses the $1.83 million revenue of pump.fun in the same period. Currently, Hyperliquid ranks just below Tether ($21.83 million) and Circle ($7.75 million).

MetaMask will be launching Perpetual Contract Trading in-wallet via Hyperliquid

On September 19th, based on market information, MetaMask is going to launch perpetual contract trading functionality within the wallet through Hyperliquid.

Hyperliquid Launches ASTER Contract, Supporting Up to 3x Leverage

September 19th. As per official channels, Hyperliquid has initiated a novel ASTER/USDC perpetual contract, with the capability to support up to 3 times leverage.

A whale deposited 3,000,000 USDC into Hyperliquid, longing BONK, ETHFI, PENGU, and PEPE with 1x leverage.

September 19th. Based on the monitoring of Onchain Lens, a whale transferred 3 million USDC into Hyperliquid and established multiple long positions with a leverage of 1x on BONK, ETHFI, PENGU, and PEPE.

Plasma (XPL) on Hyperliquid is currently trading at $0.68, with a corresponding Fully Diluted Valuation of $6.8 billion.

On September 18th, based on Hyperliquid market data, Plasma (XPL) is currently trading at $0.68 in the pre-market. With a total token supply of 100 billion, this corresponds to a fully diluted valuation of $68 billion.