Today (15th), the native token HYPE of the decentralized derivatives exchange Hyperliquid once again attracts market attention, with a price increase of 14.4% in a single day, breaking through $25 to set a new historical high. Over the past week, HYPE has increased by 70%, continuing its recent strong performance. (Background: Senior Ethereum developer jumps to Solana: Frustrated with Ethereum, community retorts: SOL is just a paper tiger with big money) (Context: Goldman Sachs: Will consider trading Bitcoin and Ethereum if U.S. regulation changes) The decentralized derivatives exchange Hyperliquid recently officially launched its token HYPE's airdrop event, with a style of 'low-key and focused on content' that has drawn high attention from the community, even being hailed as 'the biggest airdrop event of the year'. According to market data, the price of HYPE started at $2 on November 29 and soared to a maximum of $13 in just one week, an increase of nearly 6.5 times, making it a major focus in the crypto market. Setting a new historical high of $25 Today (15th), HYPE continues to rise, with a single-day increase of 14.4% reaching a historical high of $24.93, up 70% over the past week. HYPE's strong performance｜Source: Coingecko According to DefiLlama data, Hyperliquid's total locked value (TVL) has now reached $4.449 billion, skyrocketing 170% in a week. The Hyperliquid platform currently supports stablecoins like USDC and USDT, with a total asset value reaching $1.9985 billion. Additionally, in the past 24 hours, the trading volume of the platform's perpetual contract products reached $3.367 billion. HYPE TVL reaches $4.449 billion｜Source: Defiliama Traders discuss products rather than prices: The best derivatives decentralized exchange Trader Eugene recently shared his views on the decentralized derivatives exchange Hyperliquid on platform X, stating that Hyperliquid is currently the 'best derivatives DEX' in the market, both in terms of product market performance and team execution, far ahead of other competitors. Eugene specifically mentioned that Hyperliquid's founder Jeff and his team have made very correct decisions since the project's early days, steadily advancing product development and setting a benchmark for other project founders regarding token issuance strategies. Eugene praised that Hyperliquid deserves its accumulated market share and loyal fan base. Eugene also expressed his views on the price trend of Hyperliquid's native token HYPE. He pointed out that since the TGE, the price of HYPE has shown a 'parabolic rise', recently even breaking through $10, attracting many marginal buyers. He believes that the current price level is undoubtedly very attractive for early airdrop holders, although Eugene did not make specific comments on the short-term or long-term price speculation of HYPE, he expressed admiration for Hyperliquid's achievements in a short time. Related Reports The Bull Market Strikes) Eight Major Trends to Watch in the DeFi Sector Uniswap's Ethereum L2 Monthly Trading Volume Reaches Historical High, Analysts: DeFi Demand Has Returned, UNI Rises Over 35% in a Week In-depth Analysis of Liquidity Acquisition Strategies: How DeFi Projects Really Improve TVL? "HYPE Approaches $25 to Set New High! Up Over 12 Times Since Opening, KOL Afraid to Discuss Price but Praises Product" This article was first published in BlockTempo (the most influential blockchain news media).