hyperliquid

According to Fortune, Hyperliquid is accelerating its entry into the regulated market in the United States, with its related listed company Hyperliquid Strategies actively participating in the promotion of domestic compliance business layout in the U.S.Fortune pointed out that Hyperliquid has currently established a strong market influence in the perpetual contract trading sector and is repurchasing and destroying HYPE through platform fee income.

According to on-chain analyst Yu Jin's monitoring, half an hour ago, a whale transferred 8 million USDC to Hyperliquid, and then went long on Bitcoin and ETH worth 71.8 million dollars.Among them, the long position of 600 Bitcoins is valued at 46.94 million dollars, with an opening price of 78,032 dollars; the long position of 10,000 ETH is valued at 24.89 million dollars, with an opening price of 2,479 dollars.

According to HyperliquidNews monitoring, HyperEVM set a record for daily transaction fee revenue, reaching $538,100, with all fees paid and burned in hyperliquid.

According to Ai Yi's monitoring, the largest short position on the Hyperliquid platform for LIT urgently added $2.5 million in margin, with an unrealized loss of $5.605 million.This whale holds 2.528 million LIT (approximately $8.9 million), with an opening price of $1.3. After LIT was listed on Upbit, it briefly surged, and additional margin was added to reduce liquidation risk. Currently, the single-coin margin has reached $7.16 million, with a liquidation price of $5.78.

According to security company Salus monitoring, a user lost approximately 550,000 USDC after clicking on a Google sponsored ad that led to a counterfeit Hyperliquid website. This case utilized specialized "coin theft service" infrastructure associated with the Inferno system. The relevant services attract customers through Telegram accounts, offering malicious scripts, automatic theft, cross-chain withdrawals, and automatic profit sharing functions.In this case, the phishing gang was responsible for purchasing ads, deploying counterfeit entry points, and providing the final collection address; after the theft of coins was successful, the backend automatically completed the fund splitting. The total amount involved by the relevant gang is approximately 52.74 million USD, which has been linked to multiple significant phishing incidents, such as on September 23, 2025, when the original attacker of UXLINK encountered a second authorization phishing, resulting in about 542 million UXLINK; on April 15, 2026, the official domain of CoW.fi was hijacked, with associated losses of 316,000 USDC; on July 9, 2026, a fake DApp/fake airdrop authorization phishing stole about 1 million USDT. Salus stated that the relevant evidence and high-risk addresses have been submitted to the appropriate authorities for handling.

According to Coinglass data, the current whale holdings on the Hyperliquid platform amount to $7.158 billion, with long positions of $3.459 billion, accounting for 48.33% of the total holdings, and short positions of $3.699 billion, accounting for 51.67%. The profit and loss for long positions is $432 million, while the profit and loss for short positions is -$436 million.Among them, the whale address 0x5b5d..60 has shorted ETH with a 5x leverage at a price of $2064.38, currently showing an unrealized profit and loss of -$17.1907 million.

According to Lookonchain monitoring, Abraxas Capital (0xB83...E36, 0x5b5...060) has established a short position worth approximately $783 million on Hyperliquid, while hedging through significant spot purchases.In the past 4 days, 73,872 ETH were withdrawn from Binance, worth $173 million.

Hyperliquid's revenue reached 16.93 million USD this week, an increase of nearly 196% compared to last week's 5.72 million USD. This week, the demand for perpetual contract trading increased, leading to a simultaneous rise in platform trading volume and fee income. HYPE rose over 37% this week, currently reported at 78.66 USD.

According to Blockworks data, Hyperliquid Builder Codes reached a nominal trading volume of approximately $989.4 million on August 21, setting a new historical high. Among this, perpetual contracts accounted for about $983.9 million, spot trading for about $5.408 million, and the result market for about $66,000. On the same day, the number of traders was approximately 39,982, and Builder revenue totaled about $781,600, also reaching a recent high.In terms of revenue contribution, MetaMask contributed about $142,600, Phantom about $114,300, Trust Wallet about $86,900, followed closely by Invo, Based, fomo, and others.

According to Onchain Lens monitoring, a certain whale opened a long position of 1,000 BTC on Hyperliquid 47 days ago, making a profit of 14.8 million USD; at the same time, they opened a long position of 10,000 ETH, making a profit of 6.58 million USD. The total value of the above positions is currently approximately 101 million USD.

According to Coinglass data, the current whale holdings on the Hyperliquid platform amount to $7.024 billion, with long positions of $3.427 billion, accounting for 48.79%, and short positions of $3.597 billion, accounting for 51.21%. The profit and loss for long positions is $437 million, while the profit and loss for short positions is -$442 million.Among them, the whale address 0x082e..88 has a 5x leveraged long position on HYPE at a price of $38.6755, currently with an unrealized profit and loss of $57.0709 million.

According to Hyperbot data, Brother Ma Ji, Huang Licheng currently holds long positions in BTC, ETH, and HYPE on Hyperliquid, with a total position value of approximately 157.8 million USD. Among them, the 40x leveraged BTC long position holds 1,195 BTC, valued at approximately 92.37 million USD, with an unrealized loss of about 456,000 USD.The 25x leveraged ETH long position holds 19,625 ETH, valued at approximately 47.61 million USD, with an unrealized gain of about 1.747 million USD; the 10x leveraged HYPE long position holds 220,000 HYPE, valued at approximately 17.73 million USD, with an unrealized gain of about 200,000 USD.

According to Onchain Lens monitoring, Wintermute (0xecb...2b00) currently holds approximately $160 million in open positions on Hyperliquid, with short positions around $146 million, accounting for 91% of its total exposure; long positions are about $13.9 million, with an unrealized loss of $3.66 million.The account has historically accumulated profits of approximately $204 million.

According to Coinglass data, the current whale holdings on the Hyperliquid platform amount to $6.617 billion, with long positions totaling $3.195 billion, accounting for 48.28% of the holdings, and short positions totaling $3.422 billion, accounting for 51.72%. The profit and loss for long positions is $452 million, while the profit and loss for short positions is -$468 million.Among them, the whale address 0x082e..88 has taken a 5x leveraged long position on HYPE at a price of $38.6755, currently showing an unrealized profit and loss of $56.6955 million.

Stanley Druckenmiller, founder of Duquesne Family Office, purchased 4.1 million shares of high-performance computing company Bitdeer Technologies Group (BTDR) in the second quarter, with a holding value exceeding $64.7 million and an average purchase price of $12.26. The company produces cryptocurrency mining hardware and operates data centers in the United States and other regions.In addition, Druckenmiller bought 2.9 million shares of HYPE sector digital asset treasury company Hyperliquid Strategies (PURR), with a holding value of $23.1 million, indirectly gaining exposure to HYPE. Hyperliquid Strategies aims to provide HYPE token-related investment channels for U.S. and institutional investors. Druckenmiller's actions are similar to those of Jane Street and Citadel, which also increased their holdings in BTDR during the same period; Jane Street currently holds over $112 million worth of BTDR shares. BlackRock, State Street, and Citadel also increased their holdings in PURR in the second quarter; HYPE previously rose to an all-time high due to news of related compliance progress.

According to on-chain analyst Yu Jin's monitoring, the largest long position address on Hyperliquid closed half of its ETH long position after holding for about 4 months, with the highest unrealized loss reaching 120 million USD, and after breaking even and making a slight profit. The address closed 60,000 ETH at an average price of 2,514 USD half an hour ago, realizing a profit of about 14.88 million USD.Currently, the address still holds 3,000 BTC (approximately 235 million USD) and 60,000 ETH (approximately 151 million USD) in long positions, with unrealized profits of about 47.45 million USD.

According to Arkham monitoring, trader Machi Big Brother recently turned approximately $100,000 into about $9.5 million in the Hyperliquid perpetual contract account, achieving nearly a 100-fold increase in the entire account, with profits of about $9 million in just two days.Last week, Machi Big Brother was still selling his last Bored Ape NFT to go long on ETH in Hyperliquid. Relevant data shows that his trading performance has quickly rebounded.

Hyperliquid testnet has added compliance operation control features such as whitelisting, forced liquidation, and collateral transfer. Currently, a node named "Kraken HIP-3 test DEX" is testing these licensed features, and 10 wallets have been whitelisted.Although the testnet supports permissionless deployment, in light of Kraken's parent company's recent business expansion trends, the community speculates that Kraken may be the first CEX to test this compliant DEX functionality.

According to Bitcoin.com, the native token HYPE of the decentralized derivatives trading platform Hyperliquid is approaching $73. Crypto trader Pentosh1 stated that its fee burn mechanism will expand after the AQAv2 upgrade, potentially supporting its performance in the next bull market.Since November 2024, Hyperliquid has repurchased and burned 462 million HYPE, worth approximately $1.27 billion, with about 99% of protocol fees used for repurchase. The platform's annualized protocol revenue is currently around $600 million to $950 million. AQAv2, which stands for Aligned Quote Asset v2, is scheduled to start generating returns from the platform's over $5 billion USDC reserves, with about 90% allocated to the Assistance Fund, and the first funds are expected to arrive on October 3. Market participants estimate that AQAv2 could add an additional $135 million to $160 million in repurchase scale annually.In May, Coinbase and Circle, designated as Hyperliquid's official USDC fund deployers, have both committed to staking a larger amount of HYPE to assist in launching this mechanism.

According to HyperliquidNews monitoring, the USDC supply on Hyperliquid increased by $249 million and $151 million, totaling an increase of $399 million.AQAv2 will launch on August 26. This mechanism will allocate 90% of the revenue generated from all USDC on Hyperliquid to Circle, with 100% of the revenue used for repurchasing and destroying HYPE.