According to Odaily Planet Daily, based on monitoring by on-chain analyst Ai Yi, Evaded, the counterparty to Garret Jin, closed its short positions in ETH and BTC yesterday afternoon, profiting $1.808 million. It then opened 10x leveraged long positions in MSFT (Microsoft) and ORCL (Oracle), making them its largest positions on Hyperliquid, currently showing a floating profit of $897,000.

According to Odaily Planet Daily, L2BEAT Research Director donnoh.eth posted on the X platform that the Base network state update system was interrupted for over 30 hours due to a recent upgrade-related bug. However, because the on-chain withdrawal cycle is set at approximately 7 days, the issue went largely unnoticed by users for an extended period. This outage involved an anomaly in the state update layer, but it did not immediately affect the user withdrawal experience, thus preventing the issue from gaining widespread attention for a time. Currently, the issue has sparked discussion in the community, with concerns focused on its impact on on-chain data synchronization and operational monitoring mechanisms.

According to a recent report by Grayscale, a digital asset management company, the decentralized trading platform Hyperliquid is rapidly evolving from a crypto perpetual contract exchange into a blockchain financial infrastructure platform, potentially even challenging traditional derivatives trading and exchange systems and growing into a "financial services giant." The report shows that Hyperliquid achieved approximately $800 million in revenue in 2025, with an annual perpetual contract trading volume of approximately $2.9 trillion and open interest of approximately $7 billion, holding a significant share of the crypto derivatives market. Grayscale believes that the platform is no longer limited to crypto trading but is expanding into tokenized stocks, commodities, and prediction markets through its HIP-3 and HIP-4 systems, gradually building a 24/7 on-chain trading infrastructure. Another report by FalconX also points out that Hyperliquid is competing with traditional derivatives exchanges like CME Group and prediction market platforms like Kalshi and Polymarket, and is making progress in new markets such as pre-IPO. The report also emphasizes that regulation remains a key variable. Although Hyperliquid currently restricts access for US users, the sector may see greater growth potential in the future as the regulatory framework becomes clearer and institutions such as Coinbase, Robinhood, and Kraken explore perpetual contract products.

According to Huoxun Finance, Onchain Lens monitoring shows that the price of HYPE once rose, and the floating profit of the 5x leveraged HYPE long position of the whale "0x082" reached US$40.69 million. It currently holds 1.38 million HYPE, with a position value of US$94 million.

According to a recent report by Grayscale, a digital asset management company, the decentralized trading platform Hyperliquid is rapidly evolving from a crypto perpetual contract exchange into a blockchain financial infrastructure platform. It may even challenge traditional derivatives trading and exchange systems in the future and grow into a "financial services giant." The report shows that Hyperliquid achieved approximately $800 million in revenue in 2025, with an annual perpetual contract trading volume of approximately $2.9 trillion and open interest of approximately $7 billion, holding a significant share of the crypto derivatives market. Grayscale believes that the platform is no longer limited to crypto trading but is expanding into tokenized stocks, commodities, and prediction markets through its HIP-3 and HIP-4 systems, gradually building a 24/7 on-chain trading infrastructure. Another report by FalconX also points out that Hyperliquid is competing with traditional derivatives exchanges such as CME Group and prediction market platforms such as Kalshi and Polymarket, and is making progress in new markets such as pre-IPO. The report also emphasizes that regulation remains a key variable. Although Hyperliquid currently restricts access for US users, this sector may see broader growth potential as the regulatory framework becomes clearer and institutions like Coinbase, Robinhood, and Kraken explore perpetual contract products. (CoinDesk)