Bordook

The number of active Perp traders has reached an all-time high of 217,786. The previous all-time high was on November 5, 2025.

This is kind of a big deal. SPX officially trading 24/7 on hyperliquid. Markets are evolving.

It's important to remember that when Hyperliquid wins, we all collectively win. It's a win for all of Crypto. Hyperliquid is the most important company in finance today. Support crypto ideals, move your volume onchain and own the exchange to house all of finance.

S&P Dow Jones Indices and trade[XYZ] have joined forces to launch the first official S&P 500 perpetual contract, available exclusively on Hyperliquid. For 69 years, the S&P 500 has been a defining reference point for global finance. Until now, access to that benchmark has been shaped by market hours, intermediaries, and geography. Today, that changes. The S&P 500 perp is now available 24/7/365, anchored by the official index data required for deep liquidity and institutional confidence at scale.  SPDJI helped define modern indexing. They are stewards of an iconic benchmark, the standard against which portfolios across the globe are measured. We are honored to bring that legacy on-chain. Trade[XYZ] is bringing the world's most iconic assets towards a future of global, continuous markets — a future powered by Hyperliquid.

The house for all finance Hyperliquid

How high does HYPE go when regulatory tail risk gets derisked?

If sentiment flips positive here it seems like crypto has the most torque

Hyperliquid continues to bid Let me share several thoughts on how I think about the progression of my Hyperliquid adoption and how the entire system is being flipped in a way no one is positioned for: 🧵 First, we are moving in lockstep with the view I laid out in my pinned tweet. The idea is that tradfi assets migrating to Hyperliquid are creating an uncorrelated source of returns that is causing Hyperliquid to diverge from Bitcoin. This is happening perfectly as HIP-3 volume becomes a larger percentage of OI and volume. But this isn’t all that’s happen, it would be one thing if HYPE diverged from Bitcoin but it’s also rallied while global equity markets have sold off on geopolitical risk. We are literally seeing Hyperliquid benefit from global volatility. It is in many way exhibiting antifragility. Second, we are still waiting on Hyperliquid to be integrated into the US regulatory framework. Once this happens, even more flows will come on and arbitrage a lot of returns so that the funding rates collapse. Once funding rates for leverage on perps collapse, even more traders will be incentivized to enter the platform and get institutional level leverage as a normal person. Soon enough, you’ll have the same ISDA level leverage as @chamath Third, we have already seen many firms file for HYPE ETFs but we are still waiting for approval. It is this interim period of time that people are going to be aggressively chasing exposure to the HYPE token but won’t be able to obtain it until the ETFs launch. In this window of time, $PURR is likely to rally the most because it’s THE way for larger players to get exposure since they hold the most tokens of any DAT for traders to get size on. If options are listed on $PURR then this is likely to create a massive gamma squeeze. This is why the $PURR stock is my largest position right now and why I did an interview with the ceo. I’ll link this interview below. Finally, what seems to allude most people is how agentic trading for both systematic and discretionary traders is going to dominate and THE primary place to express this is Hyperliquid. When you have low cost of leverage, more leverage than a traditional brokerage account, and the ability to run an ETF type vault with Agentic Trading, the amount of money that will flow onto Hyperliquid is not conceivable. I suspect that this adoption will overlap at the same time that greater memory options are released for all of the AIs. When you have more memory, you’re able to have more informed iteration. Match this with the massive amount of compute to fuel this and you have a scenario for one of the largest productivity booms and liquidity injections in history. This doesn’t even account for the possibility of tokenization laws to pass where you can legally tokenize real world assets on chain. The upside is always inconceivable in foresight but obvious in retrospect. My entire goal right now is taking a bet on Agentic Macro Trading and Hyperliquid. If you want to follow everything I’m doing, you can get every update here: capitalflowsresearch.com/subscribe

Not a problem on Hyperliquid

Just a reminder $HYPE still needs to do a 10x in market cap to reach $BNB Hyperliquid

Hyperliquid stablecoin supply reaches $880M

the actual best thing that has come out of hip3 is that i no longer have to tell people i work in crypto i'm a commodities trader

Bloomberg can’t stop writing about the house of all finance! “For an industry grappling with subdued token prices, the rise of oil trading on Hyperliquid offers a tangible demonstration of crypto infrastructure’s broader utility, independent of Bitcoin’s swings.”

What BTC has been over the last decade for desks & funds to trade risk over the weekends, Hyperliquid will be for price discovery for every liquid asset [class] moving forward

It took a year for the Senate to confirm a new CFTC Chairman, but it was worth the wait. @ChairmanSelig announced today that the CFTC is working on new regulations for perpetual derivatives and onchain markets. You heard right. DeFi perps are coming to the USA. Hyperliquid 🇺🇸

I could see March fees doubling Jan and Feb total Burn the Hype Hyperliquid

Crypto traders flocked to the Hyperliquid exchange to hedge commodities as the conflict between the US, Israel and Iran erupted bloomberg.com/news/articles/…

24/7 markets, only on Hyperliquid bloomberg.com/news/articles/…

ETFs are coming to Hyperliquid EWY is the Ticker of Ishares Msci South Korea ETF It consists of the following stocks

$HYPE with the market cap of $BNB would put 1 $HYPE to $360.15 That's an increase of 1,158.39% You are underexposed.