hyperliquid

According to CoinDesk, Cboe is exploring the launch of perpetual futures linked to the VIX index, which is still in the early stages, with no contract specifications yet and no filing documents submitted. This news comes from Bloomberg.The VIX index measures the expected volatility over the next 30 days as reflected by the pricing of S&P 500 options. As investors buy options to hedge against sharp market declines, the demand for options during downturns surges, thereby raising the index, which is why it is regarded as Wall Street's "fear gauge." Perpetual futures were first proposed by economist Robert Shiller in 1993 and were subsequently commercialized by the cryptocurrency industry.A mature derivatives ecosystem has already formed around the VIX, covering futures, options, and exchange-traded products tracking the index. However, futures come with expiration dates, and when contracts terminate, traders must roll over their positions or shift their bets to the next available contract. This rolling operation is costly and erodes returns, which was a major criticism faced by Bitcoin futures ETFs when they debuted at the end of 2021.In contrast, perpetual swaps never settle and instead anchor contract prices to the spot index through a funding rate mechanism, theoretically providing investors with the closest investment channel to the actual VIX spot price. Martin Lee, Head of Market Insights at DWF Labs, told CoinDesk that traders do not need to worry about expiration and value decay, as they can focus solely on assessing the direction of the underlying asset. He expects a strong trend of "perpetualization" to emerge in the coming months.

HL HUB (Community) posted on platform X that Hyperliquid expects to receive its first AQAv2 reserve yield distribution tomorrow. Approximately $14.5 million in passive income generated from USDC reserves will flow into the Assistance Fund for the purpose of repurchasing HYPE.It is reported that the revenue sharing mechanism of AQAv2 stipulates that Hyperliquid stablecoin deployers must allocate 90% of the reserve income from the stablecoin to the Hyperliquid protocol, and these earnings will be used 100% for the repurchase and destruction of HYPE tokens.The stablecoin reserve income distribution is settled on a 30-day cycle, and the income will automatically transfer to the Assistance Fund on the 8th day after the cycle ends. The formal revenue accrual will begin on August 26, and the first income payment will occur on October 3.

According to the market information platform Liquid24/7.xyz, the Hyperliquid address 0xecb63c...2b00 currently holds a short position of 19,139.01 ETH, with a nominal value of approximately 52.1481 million USD.At the time of writing, ETH is quoted at 2,724.70 USD. The average opening price for the short position at this address is approximately 2,699.59 USD, and the current unrealized loss on this position is about 480,500 USD.

According to Coinglass data, the current whale holdings on the Hyperliquid platform amount to $9.003 billion, with long positions totaling $4.239 billion, accounting for 47.08% of the holdings, and short positions totaling $4.764 billion, accounting for 52.92%. The profit and loss for long positions is $537 million, while the profit and loss for short positions is -$580 million.Among them, the whale address 0x5b5d..60 has shorted ETH with a 5x leverage at a price of $2304.06, currently showing an unrealized profit and loss of -$43.1474 million.

Volmex has launched the Bitcoin Implied Volatility Index (BVIV) perpetual contract on Hyperliquid. This contract is based on options data from Deribit and OKX, reflecting traders' expectations of Bitcoin's volatility over the next 30 days, without reflecting the direction of the spot price.Recently, the BVIV readings have been in the mid-high range of over 30 points. Each index point of the contract corresponds to a settlement of 1 USDC, using a per-position margin model, supporting a maximum leverage of 5 times, and has an hourly funding rate and a cap on the number of open contracts during the initial launch phase.

According to Onchain Lens monitoring, Hyperliquid has bought and burned 20,200 HYPE at a volume-weighted average price of $89.05 over the past 24 hours, worth approximately $1.8 million.It has cumulatively burned 49.09 million HYPE, worth approximately $4.29 billion, accounting for 4.91% of the maximum supply; the revenue in the past 30 days is $55.89 million.

The founder of the venture capital firm Theory Ventures, Tomasz Tunguz, stated that the fastest-growing market globally is not AI, but the crypto market formed by real-world assets (RWA) on the blockchain. He noted that RWA enables stocks and commodities like oil and copper to be traded on-chain, taking on almost all public price discovery during commodity exchange closures.Tunguz mentioned that RWA, through perpetual contracts for stocks, provides pre-IPO pricing for Anthropic, OpenAI, SpaceX, and Cerebras, and brings international access channels. He cited data indicating that the perpetual price of Cerebras before its IPO differed from the Nasdaq opening price by less than 1.3%, with SpaceX having a perpetual open interest of approximately $215 million and a cumulative trading volume of about $2.2 billion before its IPO. A report from Pantera Capital in September 2026 showed that the trading volume of perpetual contracts for stocks on Hyperliquid and Lighter reached $67.8 billion in June, which is 16 times that of tokenized stock spot trading.He also stated that stablecoins have become one of the top ten buyers of U.S. Treasury bonds, surpassing China, Norway, and Switzerland, and are used to settle transactions of the aforementioned tokenized assets. Institutions such as JPMorgan, HSBC, BlackRock, Citigroup, Goldman Sachs, Franklin Templeton, Robinhood, and Stripe are advancing RWA.

According to Coinglass data, the current whale holdings on the Hyperliquid platform amount to 9.233 billion USD, with long positions totaling 4.324 billion USD, accounting for 46.83% of the holdings, and short positions totaling 4.909 billion USD, accounting for 53.17% of the holdings. The profit and loss for long positions is 535 million USD, while the profit and loss for short positions is -588 million USD.Among them, the whale address 0x5b5d..60 has shorted ETH with a 5x leverage at a price of 2304.06 USD, currently showing an unrealized profit and loss of -40.4085 million USD.

Hyperliquid co-founder iliensinc stated in the official DC channel that Hyperliquid Labs will un-stake 3.75 million tokens today and plans to distribute the related tokens to team members on October 7. This batch of tokens is part of an over-the-counter transaction with an institution and will not be sold on the public market.

According to The Block, Jeff Yan, co-founder of the decentralized perpetual contract trading platform Hyperliquid, stated during a fireside chat at the Korea Blockchain Week 2026 that around-the-clock trading is not the essential difference between on-chain trading venues and traditional exchanges. He pointed out that cryptocurrencies do not need to adhere to traditional market opening hours because these assets inherently possess international attributes, and some traditional exchanges have already begun to actively extend their trading hours.Yan emphasized that the more enduring value of on-chain finance comes from allowing users to retain control and custody of their funds, which helps to avoid a common single point of failure risk. In his view, once a counterparty, intermediary, or even custodian encounters issues, the ability to self-custody becomes particularly crucial.In addition, transparency constitutes another distinct feature of on-chain trading. Although it does not have a strong appeal in serving ordinary consumers, it is essential for building trust in the entire system. In a system controlled solely by a private organization, users cannot obtain the same level of trust and neutrality guarantees.He also mentioned that for assets lacking publicly available prices during the closing hours of traditional exchanges, continuous trading remains necessary. He cited commodities, stocks, and Pre-IPO targets that had already traded on Hyperliquid before the reference market opened as examples to illustrate that the demand is indeed real.

According to the latest stock derivatives exchange ranking released by RootData, possibly affected by macroeconomic uncertainties, the trading volume of the top five exchanges has significantly decreased in the last 24 hours.Among them, Hyperliquid experienced the largest decline, with a 24h trading volume of approximately 2.161 billion USD, down by 28.99%. Gate had the smallest decline, with a 24h trading volume of approximately 776 million USD, down by 13.04%.

According to Coinglass data, the current whale holdings on the Hyperliquid platform amount to 9.041 billion USD, with long positions at 4.22 billion USD, accounting for 46.67%, and short positions at 4.821 billion USD, accounting for 53.33%. The profit and loss for long positions is 505 million USD, while for short positions it is -551 million USD.Among them, the whale address 0x5b5d..60 has shorted ETH with a 5x leverage at a price of 2304.06 USD, currently showing an unrealized profit and loss of -38.5372 million USD.

The perpetual contract trading platform based on Hyperliquid technology, papertrade.xyz, announced that it will officially launch on October 10, 2026.

Dan Tapiero, founder and CEO of 50T Funds, stated that the core assets in the digital asset space have entered a new bull market phase. He pointed out that the real revenue growth within the industry comes from stablecoins, tokenization, and companies like Kraken, Ledger, and Polymarket, which form the underlying fundamentals supporting the current market.Tapiero mentioned that Hyperliquid has been leading this bull market. Regarding investment choices, he revealed that he had previously opted not to invest in FTX, Celsius, and BlockFi due to valuation issues; he is currently raising $500 million for the 50T Fund and has invested $42 million in MoonPay. On a macro level, he is focused on themes such as Japan's 30-year government bonds and believes that in currency devaluation trades, Bitcoin and gold will hold an advantage in the long term.

According to CNBC, James Comer, the chairman of the House Oversight Committee and a Republican Congressman from Kentucky, is expanding the investigation into insider trading in prediction markets and is requesting three online platforms to explain their measures to combat related activities.In a letter sent on Tuesday, Comer requested documents and information from the CEOs of Hyperliquid Labs, Crypto.com, and Aristotle Exchange Inc., which owns the PredictIt platform, asking them to clarify their identity verification procedures and how they identify and prevent insider trading on their platforms.Comer stated, "As online prediction platforms continue to evolve and become more mainstream, some bad actors are betting using non-public information, making thousands of dollars. The House Oversight Committee is investigating whether these platforms are fulfilling their legal obligations and taking sufficient measures to identify and prevent insider trading before it occurs."

Hyperliquid has now launched the Bitcoin Implied Volatility Index Contract (BVIV), supporting up to 5x leverage, deployed by Markets.xyz.

During an interview with The Block at the Ondo event held in Seoul, South Korea, Ondo Perps CEO David Wells stated that offering perpetual contracts in the United States is a "huge opportunity," and that it is "reasonable" for Ondo to explore such expansion. He mentioned that everyone is paying attention to the U.S. because there are now more opportunities opening up that were previously impossible. However, he also noted that U.S. perpetual contract products will differ from existing products, with structures that vary from non-U.S. markets.Wells' remarks come as U.S. regulators are testing how perpetual contracts can enter the U.S. market with several companies. In August, Trump stated that the CFTC is "bringing Hyperliquid to the U.S. in a fully compliant and legal manner." Kraken's parent company, Payward, has announced plans to launch Hyperliquid's HIP-3 perpetual market for eligible U.S. customers through the CFTC-regulated Bitnomial Exchange and NinjaTrader Clearing. Coinbase has also applied to launch single-stock perpetual contracts in the U.S. Earlier this month, Ondo Finance submitted a letter to the SEC and CFTC arguing that U.S. stock perpetual contracts fall under the securities futures category as defined by the Commodity Futures Modernization Act of 2000.Wells indicated that while the U.S. version of perpetual contracts and its market structure may be similar, settlement and clearing would need to change to comply with U.S. regulations. He did not confirm any plans to enter the U.S. market, stating that the team has not "gone too far" in exploring the U.S. market.