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Binance founder Changpeng Zhao stated during his appearance on the podcast "When Shift Happens" that he does not oppose Hyperliquid and welcomes more centralized and decentralized trading platforms to participate in innovation, as the industry is far from saturated. He estimates that the proportion of the population holding some form of cryptocurrency is about 5% to 15%, but when calculated based on individual wealth allocation, the penetration rate of cryptocurrency assets may be less than 1%, indicating that the industry is still in its early stages.Changpeng Zhao mentioned that some members of the Hyperliquid community are trying to establish their own community by criticizing centralized trading platforms and Binance, but he views this as normal competition and does not oppose the project. Previously, Trump mentioned Hyperliquid, which is very good for the industry. Assets like HYPE, BNB, and Bitcoin could all benefit from the overall growth of the industry.Changpeng Zhao also pointed out that first movers do not necessarily become the long-term biggest winners. Google, Facebook, and Binance were not the first products in their respective fields, and later entrants can often further optimize based on the groundwork laid by the pioneers. Although he holds a significant amount of Binance shares and BNB, the centralized trading platform is just part of his asset allocation; rather than expanding a single platform, he hopes to promote the growth of the entire cryptocurrency industry.

According to Hyperliquid News data, the Hyperliquid assistance fund has repurchased and destroyed over 47.5057 million HYPE, with a purchase cost of approximately 1.321 billion dollars, and at the current price, it is valued at about 4.366 billion dollars.

According to Coinglass data, the current whale holdings on the Hyperliquid platform amount to 9.464 billion USD, with long positions totaling 4.458 billion USD, accounting for 47.11% of the holdings, and short positions totaling 5.005 billion USD, accounting for 52.89% of the holdings. The profit and loss for long positions is 654 million USD, while the profit and loss for short positions is -705 million USD.Among them, the whale address 0x5b5d..60 has shorted ETH with a full margin of 5 times at a price of 2304.06 USD, currently realizing an unrealized profit and loss of -40.5862 million USD.

Arkham disclosed that the Hyperliquid address "MK4" currently holds a long position in NEAR valued at approximately 29.7 million dollars, with an opening price of about 2.35 dollars, using 10x leverage, and currently has an unrealized profit of about 15.96 million dollars.Arkham stated that the cumulative profit of this address on Hyperliquid over the past 3 years has reached approximately 58 million dollars, and this address is suspected to belong to the X account @mk4_lul.

According to Coinglass data, the current whale holdings on the Hyperliquid platform amount to 9.373 billion USD, with long positions totaling 4.469 billion USD, accounting for 47.68% of the holdings, and short positions totaling 4.904 billion USD, accounting for 52.32% of the holdings. The profit and loss for long positions is 621 million USD, while the profit and loss for short positions is -661 million USD.Among them, the whale address 0x5b5d..60 has shorted ETH with a 5x leverage at a price of 2304.06 USD, currently showing an unrealized profit and loss of -40.2412 million USD.

According to Lookonchain monitoring, the wallet 0x6436 associated with Hyperliquid Strategies Inc has purchased another 494,200 HYPE (worth 45.8 million USD) in the past 16 hours.In the past month, this wallet has accumulated a total purchase of 5.51 million HYPE (worth 476 million USD), with an average daily purchase of 183,574 HYPE (worth 15.86 million USD). Hyperliquid Strategies Inc currently holds 35.1 million HYPE (worth 3.2 billion USD).

The global fiber optic network project DoubleZero announced the launch of a dedicated market data source for the decentralized derivatives exchange Hyperliquid, allowing professional trading institutions to access its complete order book via fiber optics instead of public APIs. This data source covers the native perpetual contract market of Hyperliquid, as well as the markets operated by trade[XYZ] that run on its infrastructure, which offers perpetual contracts linked to assets such as crude oil, gold, and silver. This data source was co-developed by DoubleZero, validator node operators, and ecosystem partners Hyperion DeFi, MAVAN, and Kinetiq.DoubleZero stated that this service provides continuous and orderly market data streams for market makers, quantitative trading institutions, and proprietary trading firms, meeting their demand for faster and more stable order book updates. Previously, institutions wishing to obtain a complete view of Hyperliquid's order book had to integrate the data returned by public APIs themselves or run their own Hyperliquid nodes. DoubleZero noted that adjustments to Hyperliquid's public API have reduced the frequency and depth of available updates.Hyperliquid is the third trading venue to access the DoubleZero Edge market data service, following Solana and the prediction market Kalshi.

According to on-chain analyst Yu Jin's monitoring, the HYPE treasury company Hyperliquid Strategies has increased its holdings by 1.444 million HYPE over the past week at an average price of about 93.7 USD, costing approximately 135 million USD.Currently, the company holds approximately 35.1 million HYPE, valued at about 3.206 billion USD, with an average cost basis of about 46.7 USD, and a current unrealized profit of about 1.567 billion USD.

Binance will launch Hyperliquid (HYPE) on September 24 at 19:00 and open the HYPE/USDT, HYPE/USDC, and HYPE/TRY spot trading pairs. The HYPE deposit channel will open one hour later, and withdrawals are expected to open on September 25 at 19:00. HYPE will carry a seed label.

According to Coinglass data, the current whale holdings on the Hyperliquid platform amount to 9.074 billion USD, with long positions totaling 4.312 billion USD, accounting for 47.51% of the holdings, and short positions totaling 4.763 billion USD, accounting for 52.49% of the holdings. The profit and loss for long positions is 585 million USD, while the profit and loss for short positions is -622 million USD.Among them, the whale address 0x5b5d..60 has shorted ETH with a full margin at a price of 2304.05 USD, currently showing an unrealized profit and loss of -38.6962 million USD.

The open contracts on Hyperliquid reached 18 billion dollars, setting a new historical record.

According to official news, NEAR has launched on the Hyperliquid spot market. Users can trade the NEAR/USDC trading pair on Hyperliquid.The official added that, according to Hyperliquid's process, NEAR will take a few more days to appear in the platform's Strict List.

According to Caixin, on-chain perpetual contract platforms represented by Hyperliquid have quietly risen overseas for some time. The platform was founded by a former Wall Street high-frequency trading engineer, without external VC funding, relying on its self-developed dedicated L1 public chain and a full on-chain order book to stand out in the DEX track.The trigger that attracted the attention of the domestic market and regulatory authorities was the launch of popular perpetual contracts involving Chinese assets, combined with offshore derivatives such as oil contracts under the previous Iranian geopolitical conflict. While pricing diverse assets, the platform also challenges global financial regulation. Against the backdrop of the stalled progress of the Clarity Act in the United States, such offshore unlicensed derivative agreements continue to develop.

According to BBX data, yesterday, publicly listed companies in the U.S. and cross-border financial infrastructure disclosed the latest developments in the restructuring of cryptocurrency businesses and global compliance stablecoin settlements. The core information is as follows:Hyperscale Data (NYSE: $GPUS) established a subsidiary, Patriot BTC, to independently undertake mining operations and assets: Nasdaq-listed Bitcoin mining company and AI data center infrastructure company Hyperscale Data officially announced the establishment of a new wholly-owned subsidiary, Patriot BTC. The purpose of this subsidiary is to hold and operate the company's cryptocurrency mining business, mining machines, and related on-chain assets as a completely independent business entity, in order to further optimize the overall asset structure of the parent company and align with the implementation of the AI computing power center strategy.Reap plans to launch multi-national local currency stablecoins to build a 24/7 on-chain foreign exchange trading network: The multinational payment technology platform Reap, which has received strategic support from Kraken's parent company Payward and is a core partner of Visa, announced plans to successively launch local currency stablecoins in multiple countries and regions to achieve 24/7 on-chain foreign exchange settlements. Reap will first launch the Mexican Peso (MXN) stablecoin and is accelerating the exploration of issuing various local currency stablecoins, including the Hong Kong Dollar (HKD), Euro (EUR), South Korean Won (KRW), and Japanese Yen (JPY). This layout aims to completely break the physical limitations of traditional commercial bank operating hours, providing multinational companies with efficient and low-friction on-chain cross-border foreign exchange clearing solutions during nighttime and weekends.

According to Coinglass data, the current whale position on the Hyperliquid platform is 10.514 billion USD, with long positions at 5.019 billion USD, accounting for 47.73%, and short positions at 5.495 billion USD, accounting for 52.27%. The profit and loss for long positions is 795 million USD, while the profit and loss for short positions is -849 million USD.Among them, the whale address 0x5b5d..60 has shorted ETH with a 5x leverage at a price of 2303.58 USD, currently showing an unrealized profit and loss of -47.2158 million USD.

According to official news from Kinetiq, the first L2 network of the Hyperliquid ecosystem, Elysium, has launched its testnet.It is reported that Elysium is a general-purpose, high-performance L2 network built specifically for Hyperliquid, settling to HyperEVM, and co-located with HyperCore, with HYPE as its native gas token. Elysium is currently running Conduit’s G2 sequencer on an architecture that meets SOC II Type 2 standards.

According to on-chain analyst Onchain Lens (@OnchainLens), the decentralized trading platform Hyperliquid has repurchased and burned approximately 39,980 HYPE at an average transaction price of $94.18 in the past 24 hours, worth about $3.76 million.Since its launch, the platform has cumulatively burned approximately 48.84 million HYPE, with the current total value of the tokens around $4.64 billion, accounting for about 4.88% of the maximum supply. In addition, the cumulative protocol revenue generated by Hyperliquid has reached approximately $1.27 billion.

According to Ember Monitoring, the largest long position on Hyperliquid closed 1,000 BTC (approximately 87.14 million USD) at an average price of 87,142 USD, making a profit of 8.52 million USD, and still holds 170 million USD in long positions (400 BTC and 50,000 ETH) with an unrealized profit of 15.57 million.

According to Coinglass data, the current whale holdings on the Hyperliquid platform amount to 10.003 billion USD, with long positions totaling 4.769 billion USD, accounting for 47.68% of the holdings, and short positions totaling 5.234 billion USD, accounting for 52.32% of the holdings. The profit and loss for long positions is 721 million USD, while the profit and loss for short positions is -762 million USD.Among them, the whale address 0x5b5d..60 has shorted ETH with a 5x leverage at a price of 2301 USD, currently showing an unrealized profit and loss of -46.5133 million USD.