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Layer 1 on-chain Conan token (Heshou xBQt), the ecosystem 20th is fully launching, blooming with prosperity, auspicious and lucky
🔥 SpaceX IPO puts $HYPE back in the spotlight!
Last week on the first day of SpaceX IPO, Hyperliquid's SPCX perpetual contracts traded over $1.2 billion! Wall Street is starting to take this on-chain exchange seriously. $WLD $SPACE
📊 HYPE core data:
• Current price: about $37-39 (ATH $75.52, set on June 1)
• Market cap: about $11.9 billion (Top 10 cryptocurrency!)
• 2026 YTD increase: about 160%
• Daily trading volume: about $7B
🚀 Why did HYPE rise when BTC plummeted?
• Genuine revenue: making money from trading fees, not narratives
• Token buyback: revenue directly used to buy back and burn HYPE, deflationary mechanism
• SpaceX/US stock perpetual contracts: expanding from pure crypto to traditional finance
• ETF listing: Grayscale and 21Shares have launched HYPE ETFs
This might be the most noteworthy DeFi token of the year. What do you think? 👇
#Gate现货交易量增幅全球第一 #我的Gate交易时刻