Top stories Official announcements All updates Daily summaries Sources Newest first · Published summaries only Latest summaries ↑ Hyperliquid community expresses excitement for an upcoming event in Singapore, hinting at a potentially bigger and better gathering this year. Hyperliquid's native token achieved a new All-Time High (ATH). Users can now borrow USDC directly against their HYPE holdings on Hyperliquid. This new feature aims to reduce the need for users to sell their native tokens. HYPE and PURR tokens experienced a notable price surge, including a reported 40% gain during a SALT panel discussion. The HL Montréal Soirée discussions highlighted Hyperliquid's strategic vision to become the "AWS of liquidity" and an "exchange for everything," potentially integrating traditional assets. The successful deployment of HIP3 was confirmed, marking a key development milestone for the ecosystem. HYPE/USDC Open Interest nears $2 billion, becoming the second largest market on Hyperliquid. Hyperliquid's business model demonstrates resilience, with four of the top ten markets by OI now being non-crypto assets. Key integrations and product launches include Quicknode peering, Talis Trade algorithms, and BaseApp perps powered by Hyperliquid. A deep dive into the Hyperliquid Revenue Stack has been shared, offering insights into the platform's economic design. Anticipation is building around a potential 'HyperEVM Season', suggesting new developments or an expansion related to Hyperliquid's EVM integration. Hyperliquid generates $400 million annually in yield from its $10 billion USDC holdings with Circle. The Hyperliquid Policy Center's 1 million HYPE funding has appreciated from $30 million to $80 million in value over six months. Hyperliquid boasts $2 billion in annualized revenue with a 14-person team, with all profits allocated to native token buyback and burn. Former President Trump stated that CFTC Chairman Mike Selig is working to bring Hyperliquid into the United States in a fully compliant and legal fashion. Following Trump's remarks, the $HYPE token surged by 26% to approximately $73.63, and $PURR rose as much as 32.4%. The path to US compliance references the CFTC's May 29 order approving Kalshi's BTCPERP as a futures contract and HyperliquidPC/Phantom's July 9 letter to the CFTC on onchain operations. Anticipation of increased market volatility is set to significantly benefit $HYPE holders. The Hyperliquid ecosystem is "waking up," with growing interest in tokens like $KNTQ and $PIP. Community sentiment remains strongly bullish, emphasizing that it's "still early" for Hyperliquid's growth. A new academic paper confirms that visible TWAPs on Hyperliquid significantly improve execution by tightening liquidity. The study, 'Trading in the Sunshine or in the Shade,' validates Hyperliquid's transparent trading model, showing benefits for non-toxic flow. Hyperliquid's @chameleon_jeff expressed personal vindication, having long advocated for transparent trading's execution benefits. Hyperliquid's programmatic token buybacks are a key benefit, akin to Coca-Cola's strategy, for token holders. The HYPE token's valuation is discussed, showing a 15 P/E based on marketcap and 70 P/E based on FDV. A pair trading strategy suggesting longing hyperliquid:native and shorting aster-2:native was outlined for potential 5x returns. HypurrCollective's Weekly Update Volume 109 showcased a significant wave of product launches and updates across the Hyperliquid ecosystem. New platforms such as xStocksFi and Pear Protocol's Orchard, an agentic long/short platform, are now live on Hyperliquid. Ecosystem tools received upgrades, including an updated Public Hyperliquid Ecosystem Database and the launch of Markets.xyz's discover page. Loracle unstaked 336,622.54 $HYPE and bridged it to HyperEVM. $HYPE token price increased by 4.9%, rising from $54.72 to $57.38. Loracle's $HYPE short position grew 13% to over 637k coins, now $2.5M underwater. Older summaries