$HYPE is holding up well today, and there’s big news in the perpetuals market.

· Current price around 82U, up 4% over 24h, rebounding from 77; trading volume around 26.8 million U
· Funding rate around 0.005%, not overheated
· Buzz on X: Kraken’s parent company plans to launch CFTC-regulated perpetuals on Hyperliquid (pending approval)
· TxFlow is accused of copying Hyperliquid; competition in the sector is heating up

The news is mainly driven by social media buzz. Personal opinion only; not investment advice.
$HYPE #HYPE #Hyperliquid