Hyperliquid’s $7.5B airdrop marks shift from centralized token listings
The HYPE token has risen over 600% since its launch, pushing the total value of the airdrop to $7.5 billion.
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The HYPE token has risen over 600% since its launch, pushing the total value of the airdrop to $7.5 billion.
The layer-1 chain needs more than a successful perpetuals exchange to justify the HYPE token’s lofty valuation, according to the asset manager.
The layer-1 network clocked nearly $3.8 billion in trading volume in the past 24 hours, according to DefiLlama.
Uniswap hinted that the latest iteration of its DeFi platform will come out this year. It was undergoing testing for the duration of 2024.
According to data from ASXN, $344 million in HYPE tokens have been staked, representing a total value of over $9 billion as of Dec. 30.
Uniswap remains the largest DEX by trading volume, recording $106 billion over the last 30 days.
The final regulation treats DeFi front-ends as brokers, demanding the disclosure of gross proceeds from sales of digital assets.
PancakeSwap’s 2024 trading volume surged to $310 billion, driven by DeFi growth, layer-2 adoption and user-focused upgrades.
Developers must prioritize user protection in the DeFi landscape.
CeFi and DeFi ecosystems do not need to be divided as regulation is well-positioned to help DEXs improve universal standards, the GRVT CEO said.
