At the TOKEN2049 conference in Singapore, CEO Jeff Yan presented Hyperliquid as a rebuild of financial infrastructure based on order books, trading systems and fee flows. The platform runs its own Layer-1 blockchain and an on-chain Central Limit Order Book designed for perpetual futures and spot trading. As of mid-October 2026, the HYPE token was worth about $80 to $81, with a market capitalization near $18 billion, while 97% to 99% of net fees were used to buy it back. Hyperliquid reportedly generated more than $900 million in profit in 2025 with a core team of about 11 people, and non-crypto assets accounted for one-third of total trading volume in 2026.
Source: Read the original article
Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
