HYPE Surges to $35, Reaches All-Time High

BlockBeats News, December 21st, according to market data, HYPE has surged to $35, now trading at $33.32, a 24-hour gain of 39.62%, setting a new all-time high.

BlockBeats Note: Hyperliquid is an L1 designed for decentralized derivatives trading. Its mainnet has not yet launched, and its vision is to create a decentralized Binance. As of now, Hyperliquid has not accepted any investments. The Hyperliquid Foundation stated in the genesis event announcement that "there is no allocation for private investors, centralized exchanges, or market makers in the token distribution."