Here is the latest news from Hyperliquid:
- Price Increase: Driven by new developments on the platform and an overall improvement in the cryptocurrency market, the price increased by 3.03%, reaching $28.58.
- HyENA Launch: Hyperliquid's brand new front-end HyENA achieved a trading volume of $50 million within 48 hours, demonstrating the growing popularity of the platform.
- Institutional Investor Recognition: Hyperliquid has established partnerships with several major institutional investors, which is crucial for the platform's credibility and future development.
- Token Economic Model: The economic model of the token includes a 97% value buyback, which supports the price of the token¹²³.

HYPEUSDT
Perp
28.03
-4.47%
