Why Hyperliquid (HYPE) Is Holding Firm Amid Market Fear
Beincrypto writes that Hyperliquid (HYPE) has defied market fear, supported by inflows, derivatives growth, exchange listings and rising liquidations that boosted fees, revenue and buybacks, creating a unique downside-protection mechanism. Analysts point to several internal drivers: a sharp surge in HIP-3 perpetual futures trading and high platform volume, Ripple Prime opening institutional access to on-chain derivatives tools, and a Coinbase listing that boosted liquidity and allowed HYPE to absorb selling pressure while the broader market fell; some observers say HYPE’s absence from Binance may have limited widespread sell-offs.