Hyperliquid bucket list update (HYPE $49): - Spot listings for majors✅ - Binance lists spot HYPE - Coin margin for perps - HL lists non-crypto perps✅ - A T2 CEX uses HL for perps liquidity - HL flips OKX in OI✅ - Perps allowed for US users - HYPE enters the top 10

Hyperliquid vaults are getting a much needed upgrade thanks to HyperEVM! Currently, HyperCore vaults can only trade validator operated perps (not spot or HIP-3 perps). This changes with the introduction of tokenized vaults on HyperEVM (thanks to EIP-4626) + CoreWriter.

Hyperliquid

HYPE team unlocks so far: Dec unlock: 2.6M HYPE (re-locked 850K) Jan unlock: 1.2M HYPE Feb unlock: 140K HYPE March unlock: 173K HYPE This is the second time in a row where @Tokenomist_ai is over stating HYPE’s monthly unlocks by a ridiculous amount (57x for March). Hyperliquid

Jeff on spot vs perps vs outcome markets (HIP-4): + Spot is the tokenization of an underlying asset + Perps leads price discovery with leverage + Outcome markets gives nonlinear outcomes with no liquidation risk (e.g. prediction markets and options) Hyperliquid

On the latest @KevinWSHPod, Jeff says that the AF is misunderstood. He sees the AF buying and burning HYPE akin to Ethereum burning all priority fees. No one asks ETH devs to route priority fees to Vitalik to spend when ETH is high, so there is a double standard. Hyperliquid

I’m seeing a lot of takes on the timeline spinning this as desperation move by Hyperliquid Labs. It isn’t. Regulatory clarity for decentralized finance can only be achieved by a group directly championing HL and a team led by @jchervinsky is more than capable.

After making a $5T market cap call for HYPE last year and then subsequently selling his HYPE position weeks later, @CryptoHayes is back with another HYPE price prediction: $150 by July. Hyperliquid

Hyperliquid Assistance Fund update (2/3 - 2/17): - HYPE holdings: 41M tokens (+1M in 16 days) - Highest buyback day: 2/5 ($5.25M) - Lowest buyback day: 2/14 ($750K) - Average buyback per day: $1.97M - Cost basis during this buyback period: ~$31.47

Fundstrat confirms HYPE within their portfolio. “HYPE has been this source of diversification or alpha within our portfolio because HYPE has outperformed during some of this downside volatility due to the traction on Hyperliquid for these exogenous assets not related to crypto.”

Hyperliquid

Hyperliquid is in most respects everything wrong with crypto > Rejected VC capital > Democratized MMing via HLP > Enriched community via largest token airdrop ever ($9B) > Instead of pocketing some or all of the $960M revenue HL has made, put them all into buybacks of said token

The Assistance Fund executed over $5.25M in buybacks today. This is the first time in over 5 months that the platform's daily revenue hit this mark or higher (excluding 10/10). The last time was in August 2025, where daily revenue exceeded $5M for 3 straight days. Hyperliquid

Coin performance in 2026 has been nothing like we've seen. YTD returns thus far: - BTC: -28% (87K -> 63K) - ETH: -37% (2971 -> 1855) - SOL: -37% (124 -> 78) - HYPE: +27% (25 -> 32) What is your best explanation for why HYPE is decorrelated from the broader crypto market so far?

Coinbase is listing HYPE! There are two nuances for this listing: 1) This is likely a precursor for the spot HYPE ETFs to begin trading since Coinbase is the custodian. 2) US investors still have trouble getting HYPE exposure; a Coinbase listing alleviates that. Hyperliquid

Ripple integrating Hyperliquid via builder codes was not on my bingo card this year! It just goes to show you the power of permissionless systems that are also the best-in-class liquidity onchain. Hyperliquid

Hyperliquid Assistance Fund update (1/21- 2/2): - HYPE holdings: 40M tokens (+1M in 13 days) - Highest buyback day: 1/29 ($3.33M) - Lowest buyback day: 1/24 ($425K) - Average buyback per day: $2.08M - Cost basis during this buyback period: ~$27.09

I hope the established players like @Polymarket or @Kalshi are keeping a close eye on HIP-4. They can either integrate HL early and dominate the prediction markets here or they can be like the CEX’s that let Phantom integrate HL get their lunch eaten. Hyperliquid

After conquering perps, Jeff unveils HIP-4 which introduces Outcomes as a primitive to enable prediction markets and options. Notably, these will be by default USDH denominated, which is a shift that we probably see going forward. Hyperliquid

As HIP-3 markets continue to grow, Hyperliquid will shed its label as a "crypto exchange" and garner a reputation as an "everything exchange". I've never been more confident that 2026 is the year HYPE becomes a top 10 coin; it's already making new ATHs against 3/7 top 10 coins.