XPL fell about 20% in one 15-minute candle on Hyperliquid early Nov 1, from $0.0864 to $0.0694.
HLP, Hyperliquid's community vault, took on the liquidated longs. Its weekly PnL dropped by about $561K in that window, out of roughly $170M in the vault.
Small dent, but a real one.
🆕 New Featured project on Perps.AI:
Variational Omni
One perps app for crypto and traditional assets.
@variational_io runs Omni on Arbitrum, with $75.0B in 30-day perp volume and $916M open interest on DefiLlama.
Perps.AI retweeted
Hyperliquid will win Prediction Markets. Why?
> Fees are a fraction of Polymarket / Kalshi
> Markets are real and settled on chain with better liquidity
> No fake wins on social media to lore in users
Perps.AI retweeted
So you’re telling me HYPE was trading at $80 before the NYSE/ICE news dropped, pumped to $95, and is now back at $87?
That’s a mere 8% increase on what might be one of the most bullish news in crypto and modern financial history.
News so massive that Druckenmiller made his first-ever tweet about it and Elon Musk quoted it?
HYPE will trade so much higher in the coming months. You haven’t seen anything yet.
Hyperliquid did $222.6B in perp volume over the last 30 days, about 35% of the $637.9B across all perp DEXs, per DefiLlama.
The race for second is close. Variational is at $75.0B and Lighter at $70.5B, with Aster next at $47.1B.
That gap behind Hyperliquid is still huge.
Regulated Hyperliquid-style perps in the U.S. would be a big step for onchain perps, pending approval
ICE and Trade[XYZ] plan to bring Hyperliquid-based perps to the U.S.
Subject to regulatory approvals, ICE will operate U.S. regulated versions of Trade[XYZ]’s markets, leveraging their expertise as the leading deployer of real-world-asset perps on Hyperliquid.
The new venue will operate separately to ICE’s institutional futures franchise and offer a trading experience designed for retail participation.
Once live, U.S. traders will be able to trade 24/7 across a range of assets spanning the macro complex including:
*Crypto
*Equities
*Indices
*Commodities
*Forex
Read more: spr.ly/6010BHq9X8
Users will access the platform through U.S.-regulated FCMs performing KYC/AML screening, including ICE's joint venture with OKX.
ICE and Trade[XYZ] will seek approvals to launch a new market built on Hyperliquid to operate KYC-compliant perp markets, including regulatory approvals to support leveraged trading.
Lighter's LIT hitting $8 before 2027 is down to 6% on Polyguana. It started October near 16% and peaked around 21%.
LIT trades near $2.82 on Hyperliquid, so it would need almost a 3x in two months.
About $108K has traded on this one. 6% sounds about right to me.
polyguana.net/market/pm-1067…
Hyperliquid has about $10.9B in open interest across 179 main perps markets right now.
BTC leads with $3.22B, then ETH at $2.22B and HYPE at $2.00B. Those three make up about 68%.
ZEC is fourth at $634M, ahead of SOL at $512M. That one stands out to me.
Perps.AI retweeted
Elon and Drunkenmiller bullposting Hyperliquid bringing perp futures to the US.
Then Binance suffers the largest CEX hack in history shortly after.
One of the most bullish driven headlines ever in crypto bringing massive volume inflows into the market, followed by the most bearish headline in the same day causing massive outbound liquidations.
I mean the hacker couldn’t have picked a better day, crazy coincidence I guess.
HYPE at $100 by Dec 31 jumped to 82% on Polyguana today. It was around 21% early this morning.
HYPE traded near $79 overnight and hit $97.11 on Hyperliquid today, so it now needs only about 3% more.
About $773K has traded on this market. 82% looks about right from here.
polyguana.net/market/pm-7017…
Perps.AI retweeted
big news for $HYPE today: NYSE owner invests in hyperliquid and plans to bring perps to US
snowball effect as we head into anthropic's $ANT IPO
lately coins have been giving back their gains after good news, so if $HYPE keeps most of today's pump, i'll add more today
$HYPE is the only large cap with a clear bullish catalyst this month
anthropic IPOs on november 16, and it'll be bigger than SPCX
hyperliquid already has a pre-IPO $ANT market, so tradfi will be trading and sharing that chart all week
narrative alone is enough for me to bid $HYPE. if volume is massive, it outperforms every other large cap
Hyperliquid holds $7.87B of the $13.83B in open interest across perp DEXs, per DefiLlama. That's about 57%.
It also did $8.6B of the $23.2B in perp DEX volume over the last 24 hours.
Total perp DEX volume is down 10.9% this week. Hyperliquid's lead still looks solid.
Perps.AI retweeted
Fuel for thought. Best Prices & Yield on Deposits
Just $POLY Just Community.
🆕New project featured on Perps.AI: Arcus
@arcus_xyz offers stock-token spot trading and perps on Robinhood Chain, still in beta.
DefiLlama shows $11.7B in perp volume over 30 days, $120M in open interest, and $64.75M TVL, up from $27M a month ago.
perps.ai/projects/arcus
