The market has been quiet for a long time, but undercurrents are surging. Both skew and smile have reached very high levels. The market is increasing its bets on tail events.
-【*】SABR Skew: -0.8894
-【*】SABR Smile: 1.9131

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Hyperliquid is undoubtedly the hottest asset in the crypto world recently, and its token HYPE has been soaring, currently above $56.
Based on a circulating supply of approximately 254 million units, its circulating market capitalization is approximately US$14.4 billion; while based on a maximum supply of 1 billion units, its FDV (fully diluted valuation) is approximately US$56.7 billion.
Some believe it's already too expensive, with many whale voting with their feet and heavily shorting it; others think this is just the beginning, and some have even already taken positions on Robinhood Markets, CME Group, etc.

Why is there such a large price difference in HYPE pricing among institutions? From $40 to $360

Original article by Odaily Odaily(@OdailyChina)
Author｜Wenser (@wenser 2010)
Several years ago, when CZ was asked by the media to compare Binance with other exchanges, he made a bold statement: "Binance's only real competitor is Nasdaq."
Today, Hyperliquid, whose trading volume in US stocks, gold and silver, and commodities continues to surge, is even closer to this goal.
With its token HYPE surging by over 100% (recommended reading: "Why is HYPE still rising sharply? Has it peaked?"), crypto...

Trade.xyz 220 days after its launch, Hyperliquid is becoming the "new Nasdaq"

Elon Musk’s space company SpaceX, in preparation for its initial public offering, revealed a remarkable Bitcoin asset in Form S-1 submitted to the US Securities and Exchange Commission (SEC).
The docu...