HYPE token of Hyperliquid has gained attention in the crypto community as its market cap crossed $10 billion and its price soared past $30. Despite a volatile crypto market, HYPE has seen a 40% surge in the last 24 hours, positioning itself at rank 19 on CoinMarketCap. The token's limited supply and the success of its biggest crypto airdrop in history have contributed to its skyrocketing value. Hyperliquid, the platform behind HYPE, reinvests fees into buybacks and ecosystem vaults, keeping trading costs low and users satisfied. Additionally, the platform's upcoming launch of HyperEVM, which adds Ethereum-compatible smart contracts to its ecosystem, could further expand its influence in the DeFi space. With its reputation for speed and efficiency, Hyperliquid is gaining ground and challenging established players in the industry. The evolving crypto market indicates that projects like HYPE are shaping the future of DeFi.



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