Why Hasn’t Hyperliquid Taken Off After the HyperEVM Launch?
15h05 ▪
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The Hyperliquid token (HYPE) experienced a decline of nearly 6% over the last 24 hours, despite the recent launch of HyperEVM, an update aimed at expanding the decentralized finance (DeFi) capabilities of the platform. This price drop occurs in a context where a positive market reaction to this significant innovation was expected.
Crypto: Hyperliquid (HYPE) Drops 6% Despite the Launch of HyperEVM
HyperEVM, which integrates compatibility with the Ethereum Virtual Machine (EVM), was designed to bring general programmability to the Hyperliquid ecosystem while maintaining the…