According to Deep Tide TechFlow news on December 2, The Block reported that the price of HYPE tokens on the decentralized perpetual contract trading platform Hyperliquid continues to rise, with a current market value reaching 3.1 billion dollars, surpassing the lending platform Aave. Data shows that the HYPE token has seen significant growth since the airdrop, with the current price at 9.39 dollars, and a fully diluted valuation of 9.4 billion dollars.
On December 1, the platform airdropped 310 million unlocked HYPE tokens to early users, initially valued at around 1.2 billion dollars, which has now risen to 2.9 billion dollars. Hyperliquid's share in the decentralized perpetual contract trading space is nearing 50%, while its main competitor Synfutures has seen a 30% drop in trading volume over the past two days. However, some industry insiders question whether the platform's closed-source nature might affect data credibility.
