Hyperliquid Flips Solana By FDV As ‘Revenue Chains’ Race Heats Up

Hyperliquid has overtaken Solana on a fully diluted valuation basis, according to Arkham, adding a new market marker to one of crypto’s most closely watched comparisons: the rise of application-heavy, revenue-generating chains. Arkham summarized the move directly on X, writing: “Hyperliquid has flipped Solana by FDV.” The accompanying Solana market page shows SOL trading around…

HYPE Falls 6% As CME, ICE Target Hyperliquid Over Oil Risks

Hyperliquid’s HYPE token retreated roughly 6% on Friday after Bloomberg reported that CME Group and Intercontinental Exchange are pressing US officials to scrutinize the decentralized exchange’s role in offshore oil-linked trading. The move puts one of crypto’s fastest-growing derivatives venues in direct tension with two of the most powerful incumbents in global commodities markets. HYPE…

Hyperliquid Policy Center Praises SEC Chair Atkins’ On-Chain Agenda Featuring 4 Key Proposals

The Hyperliquid Policy Center (HPC) praised Securities and Exchange Commission (SEC) Chair Paul Atkins on Friday for what it described as an ambitious effort to improve clarity for on-chain markets.  SEC’s On-Chain Guidance Agenda Atkins’ remarks centered on four key areas where he said the Commission should provide more guidance on how regulatory principles translate…