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An airdropped Hypurr NFT (non-fungible token) fetched one investor $467K while a $400K hack has hit the Hyperliquid ecosystem. The collection, comprising 4,600 NFTs, was launched on the HyperEVM mainnet on Sunday, with the floor price for the digital assets soaring above $70K and trading volume around the NFTs surging to millions of dollars.  Hypurr NFTs Launched To Reward Early Hyperliquid Backers Hyperliquid confirmed the launch of the NFTs in a recent X post, and said the goal behind the initiative is to “share a memento with those who believed in and contributed early on to Hyperliquid’s growth.”  Hypurr NFTs have been deployed on the HyperEVM. Participants had the opportunity to opt in to receive a Hypurr NFT after the HyperEVM went live as part of the Genesis Event in November 2024. The HyperEVM launched in February 2025 as the general programmability interface to the… — Hyper Foundation (@HyperFND) September 28, 2025 “Each N...

Author | Xian Rang Interviewee: Shawn, Developer of Hyperliquid Ecosystem LSD Project The recent Jelly short-squeeze incident involving Hyperliquid has sparked widespread industry discussion and debate. While some critics have taken the opportunity to accuse Hyperliquid, others have sided with centralized exchanges like Binance and OKX, advocating their supposed superiority. In response, the Xian Rang team conducted an in-depth discussion with Shawn, a developer working on an LSD project within the Hyperliquid ecosystem. Topics discussed included Hyperliquid's technical architecture and current status, the vulnerabilities exposed by the Jelly incident and potential improvements, the fairness of KOLs attacking Hyperliquid while siding with centralized exchanges, and future trends within the exchange sector. Below is the transcript of the conversation: 1. Wuyue: Could you briefly introduce yourself? Shawn: I entered the blockchain industry in 2017, focusing primarily on technology, i...

DeFi trader hit by MEV attack swapped 440K USDC for just 10K USDT Liquidity issues affected users on two decentralized finance (DeFi) platforms today, though for different reasons and with widely differing consequences. In what appears to be user error, three sizable swaps of 220,000, 131,000, and 91,000 of Circle’s USDC stablecoin netted a total of just over 10,000 tethers (USDT) after falling victim to a maximum extractable volume (MEV) bot. The swaps, made via the Uniswap V3 decentralized exchange, were flagged by blockchain security firm Peckshield, which regularly alerts the DeFi community to hacks, phishing attacks, and suspicious transactions. #PeckShieldAlert 220K $USDC -> 5K $USDT pic.twitter.com/dHnMyzxdea — PeckShieldAlert (@PeckShieldAlert) March 12, 2025 Read more: MEV bot to return $7.5M if Rho Markets admits to oracle error While the three affected transactions all come from distinct addresses, a brief look at their transaction hist...

The wider cryptocurrency market has retraced downward after December 17 saw Bitcoin (BTC) reach a new all-time high (ATH) price of approximately $106,490. Following the high, the price of BTC retreated to roughly $94,000, before a failed retesting of the $100,000 mark. Prices subsequently crashed below $93,000 but had recovered to $95,256 by press time, with year-to-date (YTD) returns at 126.67%. While broad consensus states that this is just a temporary consolidation period before the market-wide rally continues, even temporary drops have a way of intensifying bearish sentiment. With short sellers having reaped significant rewards from this latest move to the downside, they have doubled down on their bets — in a move that leaves space for potential short squeezes. To identify potential short-squeeze opportunities for January 2025, Finbold retrieved derivatives data from CoinGlass to select two cryptocurrencies that both exhibit high short volume and possess the potential ...

The Hyperliquid price pumped 25% in the last 24 hours to trade at $24.62 as of 8:14 p.m. EST on trading volume that skyrocketed 91% to $361 million, according to CoinGecko. Hyperliquid Price On A Sustained Bullish Rally The HYPE/USDT chart Analysis on the 1-hour timeframe reveals a notable upward trend, supported by bullish price action and strengthening technical indicators. After a sustained uptrend after launch, the Hyperliquid price soared to the $19.80 resistance, before consolidating within the $17.20 range. This level is now acting as the major support, where the bulls took charge of the asset, driving the price of Hyperliquid through a massive parabolic curve. HYPE now trades well above the 50-day Simple Moving Average (SMA), which is a signal that the Hyperliquid price is currently on a sustained bullish rally. The Relative Strength Index (RSI) is at 72.91, which indicates overbought conditions. This suggests that while the uptrend remains strong, a temporary pullback c...