Saturday, August 2, 2025
cryptonews100
No Result
View All Result
CryptoNews100
No Result
View All Result
Home Alt Coins Dogecoin

Hyperliquid’s HYPE Surpasses Dogecoin to Become Fifth Largest Token in Futures Trading

cryptonews100_tggfrn by cryptonews100_tggfrn
June 16, 2025
in Dogecoin
0
Hyperliquid’s HYPE Surpasses Dogecoin to Become Fifth Largest Token in Futures Trading
189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter
Sign up an get up to $1000 USDT!


HYPE, the token of main decentralized perpetual alternate Hyperliquid, is now the fifth-largest digital asset by futures open curiosity.

On the time of writing, the greenback worth of the variety of lively or open bets in HYPE futures (perpetual and commonplace) traded worldwide was $2.06 billion, in accordance to knowledge supply Coinglass.

That positioned HYPE forward of dogecoin

as futures tied to the meme token had an open curiosity of $1.83 billion. The payments-focused XRP cryptocurrency held forward of HYPE with bitcoin , ether and solana’s SOL main the pack.

HYPE’s futures market management over DOGE and plenty of different cryptocurrencies with larger market values seemingly represents the rising reputation of purpose-built blockchain merchandise.

Hyperliquid is a decentralized alternate that focuses squarely on offering an on-chain perpetual futures market and is constructed by itself Layer 1 blockchain. Final week, Hyperliquid accounted for 60% of the full onchain perpetuals buying and selling quantity of $94.3 billion, in accordance to knowledge supply @uwusanauwu’s Dune-based tracker.

The HYPE token is used for financial incentives, charge funds and decentralized governance, permitting holders to take part in the decision-making course of. The protocol makes use of 97% of the buying and selling charges collected from customers to purchase again HYPE, thereby consistently including bullish strain to the market.

“92.78% of protocol (HyperCore) income goes to shopping for again HYPE on the open market — over $1B yearly in buybacks,” Hyperliquid Hub said on X. “Main companies and funds are actively including HYPE to their portfolios and top-tier market makers from conventional finance are buying and selling on HyperCore’s CLOBs, creating the deepest liquidity in crypto.”

HYPE futures open interest. (Coinglass)

HYPE futures open curiosity. (Coinglass)

HYPE has chalked out over a four-gold rally to a document worth of $44 in three months. The rally occurred alongside a booming open curiosity and optimistic annualized funding charges, which surged to over 100% at one level, signaling sturdy demand for bullish leveraged bets.

Related articles

Best Crypto Presale 2025? LYNO AI Is Gaining Massive Investor Attention Priced Less than Dogecoin

Best Crypto Presale 2025? LYNO AI Is Gaining Massive Investor Attention Priced Less than Dogecoin

August 2, 2025
Dogecoin Set For 300% Rally, Yet Smart Traders Are Targeting This New 50x Crypto Gem

Dogecoin Set For 300% Rally, Yet Smart Traders Are Targeting This New 50x Crypto Gem

August 1, 2025





Source link

Tags: DogecoinfuturesHypeHyperliquidslargestSurpassestokentrading
Share76Tweet47
Drive and walk to earn crypto!

Related Posts

Best Crypto Presale 2025? LYNO AI Is Gaining Massive Investor Attention Priced Less than Dogecoin

Best Crypto Presale 2025? LYNO AI Is Gaining Massive Investor Attention Priced Less than Dogecoin

by cryptonews100_tggfrn
August 2, 2025
0

In response to an skilled analyst with a win price of 91%, LYNO AI is the highest crypto presale of...

Dogecoin Set For 300% Rally, Yet Smart Traders Are Targeting This New 50x Crypto Gem

Dogecoin Set For 300% Rally, Yet Smart Traders Are Targeting This New 50x Crypto Gem

by cryptonews100_tggfrn
August 1, 2025
0

Crypto News Remittix (RTX) has emerged as a promising cryptocurrency in 2025, attracting vital consideration from buyers because of its...

Dogecoin Risks Drop Below $0.2 as $758M Crypto Liquidated

Dogecoin Risks Drop Below $0.2 as $758M Crypto Liquidated

by cryptonews100_tggfrn
August 1, 2025
0

Key NotesDogecoin falls near key help, down over 11% this week amid broader market meltdown.Over $758 million now registered in...

Bitcoin slips below $115,200 as U.S. tariffs rattle markets; Ethereum, Solana, Dogecoin fall up to 8%

Bitcoin slips below $115,200 as U.S. tariffs rattle markets; Ethereum, Solana, Dogecoin fall up to 8%

by cryptonews100_tggfrn
August 1, 2025
0

The worldwide cryptocurrency market declined sharply on Friday, with Bitcoin dropping below the $115,200 mark amid recent U.S. tariffs and...

Earn $5,735! OurCryptoMiner Launches a User-Exclusive Dogecoin (DOGE) Yield Contract to Enjoy a 60% Return

Earn $5,735! OurCryptoMiner Launches a User-Exclusive Dogecoin (DOGE) Yield Contract to Enjoy a 60% Return

by cryptonews100_tggfrn
August 1, 2025
0

Disclaimer: That is a Press Launch supplied by a third celebration who's accountable for the content material. Please conduct your...

Load More

Crypto Fear & Greed Index

Latest Crypto Fear & Greed Index

Recent News

Why is Crypto Market Going Down Today? XRP Crashes 4% as BTC and ETH Drop

Why is Crypto Market Going Down Today? XRP Crashes 4% as BTC and ETH Drop

August 2, 2025
How Google Gemini Helps Crypto Traders Filter Signals From Noise

How Google Gemini Helps Crypto Traders Filter Signals From Noise

August 2, 2025

Strategy Expands STRC Offering Twice in One Week

August 2, 2025

Categories

  • Bitcoin
  • Cardano
  • Chainlink
  • Cryptocurrency
  • Dogecoin
  • Elon Musk
  • Ethereum
  • Exchanges
  • Litecoin
  • Pokadot
  • Polygon
  • Real World Assets
  • Shiba Inu
  • Solana
  • sui
  • World Liberty Financial
  • XRP

Download the official CryptoNews100 Android App! Click the button below:

Tags

ADA (165) Bitcoin (648) BlockDAG (117) BTC (182) bullish (113) Buy (207) Cardano (277) ChainLink (210) crypto (761) Cryptocurrency (274) Detail (106) DOGE (130) Dogecoin (263) ETF (158) ETH (193) Ethereum (391) flash (107) gains (94) hits (98) Inu (205) key (98) launches (116) Link (104) market (213) million (109) News (367) Polkadot (132) POLYGON (137) prediction (120) Presale (104) price (577) rally (146) RWA (135) SHIB (121) Shiba (212) SOL (124) Solana (337) Sui (223) Surge (121) Surges (110) token (110) top (173) TradingView (111) Trump (156) XRP (472)

© 2023 Crypto News100 All Rights Reserved.
By visiting this website, you understand that the content provided within is for educational and entertainment purposes only. Nothing on this site may be constituted as financial advice and this site is not directing you to make any investments in cryptocurrency or in anything else. Thank you for visiting and please proceed responsibly.
As an Amazon Associate I earn from qualifying purchases.

No Result
View All Result
  • Home
  • Bitcoin
  • Ethereum
  • Alt Coins
    • Cardano
    • Dogecoin
    • Litecoin
    • Pokadot
    • Polygon
    • Shiba Inu
    • Solana
    • XRP
  • Crypto Related DEALS

© 2023 Crypto News100 All Rights Reserved.
By visiting this website, you understand that the content provided within is for educational and entertainment purposes only. Nothing on this site may be constituted as financial advice and this site is not directing you to make any investments in cryptocurrency or in anything else. Thank you for visiting and please proceed responsibly.
As an Amazon Associate I earn from qualifying purchases.