Arthur Hayes Bets $2.2 Million on SYN, Backing Hypercall to Challenge Deribit

Hyperliquid generated $15.89M in weekly fees as Portfolio Margin beta launched and a $10M builder fund supported USDH changes. Hyperliquid reported $15.89 million in fees over the last seven days, according to recent fee rankings.  The figure placed the platform fourth among tracked crypto protocols during the period. The result came as Hyperliquid continued operating […] The post Hyperliquid Hits $15.89M Weekly Fees as Portfolio Margin and $10M Builder Fund Boost HYPE appeared first on Live Bitcoin News.

Arthur Hayes has revealed a $2.2 million investment in Synapse’s SYN token after backing its Hypercall options DEX, helping drive the token as much as 26% higher on Monday. According to a June 29 post on X by BitMEX co-founder…

Hyper Foundation will provide about $10m in grants to help Hyperliquid builders migrate from USDH to USDC or shut down by July this year.

The escalating prize pools in trading competitions highlight growing engagement and innovation in the derivatives market, driving significant volume increases. The post Deribit and SignalPlus launch The Island trading competition with $600K in rewards appeared first on Crypto Briefing.

BitMEX has replaced its chief executive and two other senior executives as the cryptocurrency derivatives exchange continues efforts to reorganize its business while reports of a potential sale persist. According to a Coindesk report, BitMEX has removed chief executive Stephan…

Unverified claims of leadership changes at BitMEX highlight the risks of misinformation impacting market perceptions and stakeholder trust. The post BitMEX removes CEO, CFO and head of growth in latest leadership shakeup appeared first on Crypto Briefing.

Kinetiq surpasses $1.05B TVL as kHYPE expands across Pendle, Curve, Hyperlend, and Felix in Hyperliquid DeFi. Kinetiq, a liquid staking protocol built on Hyperliquid, has reached about $1.05 billion in total value. The protocol allows users to stake HYPE and receive kHYPE, a liquid staking token used across supported DeFi platforms. The update comes as […] The post Hyperliquid’s Kinetiq Hits $1B TVL as kHYPE Expands Across Major DeFi Apps appeared first on Live Bitcoin News.

The surge in HIP-4's open interest highlights the growing influence of sports events on prediction markets, potentially reshaping trading dynamics. The post HIP-4 open interest hits all-time high of $25M as World Cup fever grips Hyperliquid appeared first on Crypto Briefing.