HYPE Token Breaks Records, Surpassing Robinhood in Trading Volume

Hyperliquid’s trading volume surged past US brokerage giant Robinhood, reaching a staggering $330.8 billion in July. This surge is driven by the rise of its native token, HYPE, which reached a new all-time high, solidifying the platform’s position as a leading force in decentralized exchange (DEX) trading. Despite this impressive growth, the platform now faces scrutiny over potential whale manipulation, raising concerns about its long-term stability.