By Marco Piccolo Hyperliquid, a decentralized perpetuals exchange built on its proprietary Layer 1 blockchain, has emerged as a focal point in the ongoing crypto derivatives boom. Hyperliquid sees record open interest The platform recently hit a new record in open interest (OI), surpassing $9.4 billion on May 23, a 53% increase from its earlier […]
Tag: USDC
By Marco Piccolo The price of Aave (AAVE), the governance token of the popular decentralized lending protocol, has soared 19.5% over the past seven days and 90.7% over the past month, significantly outperforming the broader cryptocurrency market. The recent rally is attributed to a combination of macro regulatory developments and strengthening on-chain fundamentals within the […]
By Marco Piccolo Stablecoin issuer Circle Internet Financial, the company behind USD Coin (USDC), is reportedly considering selling its business to major crypto players Coinbase or Ripple for at least $5 billion. Officially, Circle is still in the process of pursuing an IPO. Trade Crypto on Kraken Circle’s talks with Coinbase and Ripple According to […]