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#HYPE $HYPE
Hyperliquid’s hype is showing significant strength, currently trading around $31.70 – $33.50. While the broader market has seen a minor dip, hype has decoupled, gaining roughly 13–15% over the last week.
Key News & Catalysts:
* HyperEVM Mainnet: The HyperEVM is now live, transforming the platform into a programmable ecosystem. Developers can now deploy smart contracts directly on the network.
* Deflationary Pressure: Under the HIP-3 protocol, 50% of fee revenue is used to buy back and burn $HYPE. On March 1 alone, over 17,000 net tokens were removed from circulation.
* Macro Demand: Recent geopolitical tensions have driven record volume into Hyperliquid’s Gold and Crude Oil perpetuals, as it remains one of the few venues providing 24/7 price discovery.
* Regulatory Tailwinds: The CFTC’s move toward a US-based crypto perpetuals framework is viewed as a massive long-term validator for the platform.
$HYPE #HYPE! $ALLO