“The Upgrade Marks A Majoor Step Town Decentralizing Hyperliquid’s Derivatives Infrastructure, Giving Builders of the Abbiness To Launch Perpetus Futures Markets Da.”, – WRITE: www.coindesk.com
An administrator Announced in Hyperliquid’s Discord That Oct. 13 Upgrade Will Turn On Hip-3, Adding that “there is no immediate Change for users,” but deployers can Create Markets “Once Ready.”
The Proposal – Hyperliquid Improvement Proposal 3 – Introduces permissionless Deployment of Perpetual Dexs on Hypercore by Staking 500,000 Hype. Integrated with Hyperevm, HIP-3 Includes Safeguards Such as Validtor Slashing and Open Interest Limits.
Hype Has Risen 13.4% in the Past 24 Hours to About $ 42, Giving the Token A Market Capitalization of Roughly $ 14.1 Billion, Accounting To CoinmarketCap.
Hyperliquid Was in the SpotLight Over the Weekend Following the Crypto Market’s Leverage Flush that Saw $ 19.3 Billion Wrth of Liquidations, $ 10 Billion of Whingsh.
Binance, A Centralized Exchange, Performed Poorly Dringing the Volatility, Resulting in Hundreds of Millions of Dollars Being Distributed In Reimbursments.
The Unnamed Investor Bough Nearly 13 Million Shares From The Company and Some Executives. The FIRM INTEENDS to USE THE PROCEEDS TO BoOST ITS HELIOS DATA CENTER PROJECT.
- Galaxy Digital Announced A $ 460 Million Private Investment from an Unnamed Major Asset Manager to Support Iter Business and Corporate Needs.
- Galaxy Shares Rose 3% in Post-Market Trading.
- The Funds Will Aid in Developing The Helios Data Center, Expectioned to Provide 133 Megawatts of It Load by Mid-2026.
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