10th Indian Delegation to Dubai, Gitex & Expand North Star – World’s Largest Startup Investor Connect
Blockchain

Hype 300% Rally Shows Hyperliquid Growth Is It Overvalued?


Key takeaways:

  • HYPE has surged over 300% since April, driven by growing usage of the Hyperliquid exchange and rising investor interest.

  • Hyperliquid now leads the decentralized perpetuals market, processing over 70% of DEX perp volume.

  • 97% of protocol fee revenue is reinvested into HYPE buybacks, aligning token incentives with platform growth.

Hyperliquid is having a moment. Since its local bottom in April, HYPE (HYPE) has surged over 300% in just two months, reaching an all-time high on June 17, before easing slightly. Meanwhile, the layer-1 blockchain…



Source link

by Cointelegraph

United States-based Bitcoin mining company TeraWulf nearly doubled its third-quarter revenue this year thanks to price growth in Bitcoin, as well as an expansion in mining capacity and new income from its AI business. Revenue for the third quarter increased 87% year-over-year to $50.6 million, with “digital asset revenue” making up $43.4 million, according to TeraWulf’s Q3 earnings report on Monday. In Q1, the company had reported a net loss, and in Q2, the miner’s revenue increased 34% year-over-year to $47.6 million.  “These increases were… Source link

by Tech In Asia

After the announcement, Iren raised its 2026 annual recurring revenue guidance from US$500 million to US$3.4 billion. Source link

by Tech In Asia

The company reported Q3 net profit of US$56.8 million, up from US$38.5 million a year earlier. Source link