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🔥 SpaceX IPO Sparks Market, $HYPE Returns to the Spotlight!
Last week, SpaceX debuted on NASDAQ, and the SPCX perpetual contract trading volume on the Hyperliquid platform broke $1.2 billion — Wall Street is finally starting to take this on-chain exchange's true strength seriously.
📊 $HYPE Key Data Overview
· Current Price: approximately $37–39 (all-time high of $75.52 on June 1)
· Market Cap: about $11.9 billion, firmly in the top 10 of crypto
· Increase since 2026: approximately 160%
· Daily Trading Volume: about $7 billion
🚀 Why did BTC plummet, but $HYPE strengthen against the trend?
· Real revenue support: making money from trading fees, not hype speculation
· Deflationary buyback mechanism: platform revenue is directly used to buy back and burn $HYPE, continuously reducing supply
· Breaking into traditional finance: launching perpetual contracts for SpaceX, US stocks, etc., moving from Crypto to TradFi
· ETF dual support: Grayscale and 21Shares have both launched $HYPE spot
This might be the most worth paying close attention to DeFi project in 2026 — with performance, narrative, and real capital voting.
What are your thoughts? 👇 Welcome to leave comments and discuss. Go Conan! Last digits xQBt