by: xpoolPosted on:

Hyperliquid Hits New High, Driven by Record Spot Volume and Institutional Support

Hyperliquid’s native token has reached an all-time high of $50.99 as its spot trading volume surged to a record $3.4 billion on August 27th, driven largely by substantial Bitcoin and Ethereum transactions. This surge highlights heightened institutional interest in the platform along with advancements in DEX infrastructure, leading to increased protocol performance and robust retail demand. The move has positioned Hyperliquid as the second-largest spot platform for Bitcoin. The platform’s growth is further supported by BitGo’s integration, enabling secure custody and compliance for HyperEVM, attracting institutional investors.

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