🚀 Hyperliquid’s new features and recent price movement:
May 2, 2025 – San Francisco, CA — Hyperliquid, a decentralized trading platform, is set to launch significant updates on May 5, 2025, at 03:00 UTC. These enhancements aim to improve user experience and engagement.(AInvest)
🔧 New Features Overview
1. Tiered Fee Discounts via HYPE Staking
Hyperliquid introduces a six-tier staking system, offering trading fee discounts ranging from 5% to 40%. Users can stake HYPE, the platform’s native token, to qualify for these discounts. For instance, staking 10 HYPE provides a 5% discount, while staking over 500,000 HYPE offers a 40% discount.
2. Separate Fee Schedules for Perpetual Contracts and Spot Trading
To cater to diverse trading preferences, Hyperliquid will implement distinct fee structures for perpetual contracts and spot trading. Additionally, spot trading volume will be counted double when calculating fee tiers, incentivizing higher trading volumes.
3. Staking and Trading Account Linking
A new feature allows users to link their staking accounts to trading accounts, enabling trading accounts to benefit from staking fee discounts. Once linked, the connection is permanent, and the staking account forfeits its fee discounts.
4. HyperEVM Integration
Hyperliquid has launched HyperEVM on its mainnet, providing an Ethereum Virtual Machine (EVM) environment directly secured by its Layer-1 blockchain. This integration allows developers to build decentralized applications (dApps) that can seamlessly interact with Hyperliquid’s native components, such as spot and perpetual order books. (CoinDesk)
5. One-Click Trading Experience
To improve user experience, Hyperliquid has implemented a one-click trading feature. After an initial wallet authorization, users can execute trades without the need for repeated confirmations, streamlining the trading process and reducing latency.
📈 HYPE Token Price Movement
In conjunction with these updates, the price of Hyperliquid’s native token, HYPE, has experienced a notable increase. As of May 2, 2025, HYPE is trading at $20.30 USD, reflecting a 3.89% rise in the last 24 hours. The token has a market capitalization of approximately $6.76 billion and a 24-hour trading volume of $161 million. (CoinMarketCap)
This price surge indicates positive market sentiment and anticipation surrounding the upcoming platform enhancements. The introduction of staking tiers and fee discounts is expected to further drive user engagement and liquidity.
🔮 Looking Ahead
With the upcoming feature rollouts and the positive price movement of HYPE, Hyperliquid is positioning itself as a competitive player in the decentralized trading space. Traders and developers are encouraged to explore the new features and participate in the evolving ecosystem.
Stock market information for Hyperliquid (HYPE)
- Hyperliquid is a crypto in the CRYPTO market.
- The price is 20.3 USD currently with a change of 0.76 USD (0.04%) from the previous close.
- The intraday high is 21.02 USD and the intraday low is 19.31 USD.
