🚀 Hyperliquid Hits New All-Time High of $37.38

The decentralized perpetual futures exchange, built on its own high-performance Layer 1 blockchain — HyperEVM — has reached record dominance in perp DEX volume, accounting for 70.1% of the market.

HYPE Market Metrics:
• Market Cap: $12.3B
• FDV: $36.8B
• 24h Volume: $526M

Interestingly, most of the largest open positions are longs on $HYPE:

- 0xe4...858c7 holds a long position with an entry price of $12.93, unrealized profit $13.4M

- 0x04...129f long opened at $17.90 with $8.9M in unrealized profit

- 0xa7...d14 long at $18.70 is currently showing $6.3M in unrealized gains

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