Overview

• Hyperliquid logged $29 billion in 24-hour trading volume and generated $7.7 million in daily fees on August 15, marking fresh all-time highs for the protocol.
• Native token HYPE rallied about 19% over the past week and climbed roughly 10% intraday to trade within 1–2% of its July 14 peak near $49.75.
• Anchorage Digital announced on August 13 that it will provide institutional-grade custody for HYPE on HyperEVM, strengthening security options for large investors.
• Circle’s July 31 launch of native USDC and CCTP V2 on Hyperliquid has streamlined cross-chain transfers and on/off ramp liquidity for users.
• Bullish technical indicators—major moving averages in buy territory, an RSI around 63 and a positive MACD—point to potential breakouts toward $52–$55 if trading volumes remain elevated.