#Hyperliquid and its HYPE token: a meteoric rise in the DEX world
In the space of just three weeks, Hyperliquid has made its mark. Since the launch of its native HYPE token, the figures speak for themselves: over $1 billion in net inflows, an open interest peaking at $4.3 billion, and a share price that has soared from $4 to $27, representing 750% growth.
But why such success? Hyperliquid is a decentralized exchange (DEX) specializing in perpetual contracts. Unlike traditional platforms, it places its community at the heart of its operations. The HYPE token plays a key role in governance, transaction fees and network security. The result? A high-performance, transparent platform controlled by its users.
CandyBomb event on Bitget: 1,700 #HYPE , or around 44,769.5 USDT, are up for grabs. Users can maximize their rewards with up to 6 HYPE for every 1,000 USDT traded in spot.
With trading volume having exploded from $5 million to almost $500 million, and only 35% of supply in circulation, Hyperliquid is establishing itself as a key player in innovative DEX. The current event represents a unique opportunity to capitalize on this momentum.