The Defiant·
Citrini Research, known for moving AI equities with its reports, published an analysis calling Hyperliquid compelling, citing the protocol's Assistance Fund directing more than 90% of fees to HYPE buybacks and its command of close to half of all crypto token buyback activity this year.
Read full articleArthur Hayes published a macro thesis arguing Bitcoin cannot rally until the AI stock bubble deflates, citing $1.5 trillion in AI debt issuance that absorbed the liquidity Bitcoin needed. He exited HYPE, NEAR, WLD, and ZEC and rotated Maelstrom's equity book into US energy producers.
Kalshi has filed with the U.S. Commodity Futures Trading Commission to list perpetual futures tied to Hyperliquid’s HYPE token, adding the asset to a growing roster of crypto derivatives products under review. According to a recent filing with the Commodity…
Nansen's integration of Hyperliquid perps signifies a shift towards unified onchain trading, blending crypto with traditional asset markets. The post Hyperliquid perps now live on Nansen as onchain derivatives volume surges to $625B appeared first on Crypto Briefing.
Crypto ETF flows were split on Monday, June 8, as ether ETFs drew a strong $82.37 million inflow while bitcoin ETFs finished with a $91.37 million outflow. HYPE returned to positive flows, solana posted a small exit, and XRP ETFs saw no trading activity. Bitcoin ETFs Show Broad Demand Before IBIT’s $233M Exit Reverses Gains […]
Saylor answers doubts with a $100M purchase. Citrini just called Hyperliquid a buy. And SBF is formally asking Trump for a pardon.
Citrini Research has singled out Hyperliquid’s HYPE token as a crypto asset with a cash-flow profile that separates it from what the firm calls the “memetic majority” of the market. In its June 2026 “State of the Themes” report, the research firm argued that HYPE’s fee-driven buyback structure, expanding Assistance Fund and emerging ETF narrative make Hyperliquid one of the more compelling crypto market-structure stories now reaching Wall Street’s radar. Hyperliquid Gains Wall Street Attention The core of Citrini’s thesis is straightforward: HYPE is not being framed merely as a speculative exchange token, but as an asset tied to recurring platform economics. “This is what makes HYPE compelling — unlike the memetic majority of crypto (bitcoin included), HYPE generates legitimate cash flow,” the firm wrote. That cash flow, according to Citrini, is reinforced by a protocol-level repurchase mechanism. The report said more than 90% of the fees generated by Hyperliquid are redirected into th
Hyperliquid has accounted for nearly half of all token buyback activity across the crypto market in 2025, according to a new report from Citrini Research, which has highlighted the decentralized exchange’s revenue model as one of the strongest in the…
Coinbase is now Hyperliquid’s official USDC treasury deployer, activating AQAv2 to boost protocol revenue and support daily HYPE buybacks. Coinbase has officially stepped in as the treasury deployer for Hyperliquid’s USDC wallet. The exchange confirmed the activation of AQAv2 from two on-chain addresses. This marks a major shift in how Hyperliquid manages its stablecoin reserves. […] The post Coinbase Activates AQAv2 for Hyperliquid USDC Treasury appeared first on Live Bitcoin News.
