2026 Hyperliquid Q1 Report

Today, we're excited to release Hyperliquid's 2026 Q1 Report.

While Q1 stands as one of crypto’s most challenging quarters since 2018, Hyperliquid emerged stronger. As markets fell sharply, the protocol continued to gain traction, with HYPE returning +44.2% and entering the top 10.

More importantly, the quarter brought Hyperliquid closer to the “House of All Finance” vision, from institutional recognition through S&P Dow Jones to emerging as a price discovery venue for oil and other assets.

Enjoy the read. Some excerpts below, with the link to the full PDF.

Hyperliquid.

https://x.com/hyperliquidr/status/2052371846750724319?s=46&t=hr2fbvcHJGpvp_SbDstdzg