Hyperliquid is a Layer 1 blockchain built around a high-performance decentralized perpetual futures and spot exchange that also supports lending, borrowing, real-world assets, and full EVM compatibility.
The token has surged over 18% in the last 24 hours, pushing its market cap above $16.4 billion and securing a top-10 ranking. Trading volume exceeds $1.76 billion, signaling intense institutional and retail interest. The catalyst appears to be Hyperliquid's expanding DeFi ecosystem — its native HyperEVM launch allows Ethereum developers to deploy apps directly on its L1, while new RWA integrations and a points-based incentive program are
The token has surged over 18% in the last 24 hours, pushing its market cap above $16.4 billion and securing a top-10 ranking. Trading volume exceeds $1.76 billion, signaling intense institutional and retail interest. The catalyst appears to be Hyperliquid's expanding DeFi ecosystem — its native HyperEVM launch allows Ethereum developers to deploy apps directly on its L1, while new RWA integrations and a points-based incentive program are