Flash News

TREE NEWS reports: Hyperliquid’s token reaches an all-time high ahead of a $1.2 billion token unlock, the largest remaining supply release for the project. The news highlights the market’s anticipation and potential volatility surrounding the event.

TREE NEWS reports: A recent analysis indicates that the cryptocurrency price surge has positively impacted protocol revenues, with perpetual futures revenue jumping 243% last week. This highlights the direct correlation between market conditions and DeFi protocol earnings.

TREE NEWS update: Data shows that the largest long position on Ethereum has been closed, with about $34.15 million in longs liquidated, leaving a remaining position size of approximately $25.24 million. This suggests a significant reduction in bullish leverage in the market.

TREE NEWS reports: Wintermute’s short exposure on Hyperliquid has increased to $212 million, while its HYPE short positions have been reduced by half. The move reflects shifting market positioning amid heightened volatility.

TREE NEWS update: TAC suffered an attack exploiting a vulnerability in its Cosmos EVM precompile layer, resulting in the transfer of approximately 2.99 billion TAC tokens. The incident highlights security risks in cross-chain infrastructure. Details on impact and remediation are awaited.

TREE NEWS reports: Kinetiq has announced the launch of Elysium L2, a new layer-2 solution built on Hyperliquid. The platform aims to enhance scalability and efficiency for decentralized trading and applications within the Hyperliquid ecosystem.

TREE NEWS reports: HertzFlow has officially launched its mainnet trading, adding an additional 390,000 WLFI tokens as liquidity incentives. The move aims to boost liquidity and attract users to the newly launched platform.

TREE NEWS reports: A whale transferred 8 million USDC to Hyperliquid and opened a long position worth $71.8 million in Bitcoin and Ethereum. The move signals significant bullish sentiment from large traders on the platform.

TREE NEWS update: Crypto whale Machi Big Brother, known for losing money over the past 10 months, turned a $150,000 position into $12.72 million in three days using extreme leverage on Hyperliquid, an 84x gain. His current leveraged long positions total over $123 million, with ETH being his largest and most at risk of liquidation if prices drop 10%. Despite the recent win, his historical losses remain substantial, and his high-risk trading style persists.

TREE NEWS reports: HyperEVM, the Ethereum Virtual Machine compatible layer on Hyperliquid, achieved its highest single-day transaction fee revenue in history. The milestone underscores the growing activity and demand for the Hyperliquid ecosystem’s L1 capabilities.

TREE NEWS reports: USDD has officially introduced its Vault feature on Ethereum, enabling users to mint USDD by collateralizing ETH and WBTC. This move expands the stablecoin’s utility and integration within the DeFi ecosystem.

TREE NEWS update: Wintermute’s short positions on Hyperliquid grew to $190.77M, with $44.58M added, while transferring 3,834 BTC ($256.8M) to Binance this week. Some traders view this as bearish pressure, but others argue it’s delta-neutral funding arbitrage or inventory hedging. Despite current floating losses, the address remains profitable overall.

TREE NEWS reports: A whale executed a leveraged long position on BNB by withdrawing 8,474 BNB worth $5.9 million from a lending platform and borrowing 2.6 million USDT. The move indicates bullish sentiment on BNB amid market volatility.

TREE NEWS update: On Hyperliquid, the largest short position on the LIT token urgently added $2.5 million in margin, but still faces an unrealized loss of $5.6 million. This highlights the risks of high-leverage trading on decentralized perpetual exchanges.

TREE NEWS reports: The Chinese meme coin ‘Niu Lai’ surged from a $45k market cap to over $50 million in days, driven by the viral success of a low-budget animated film of the same name. The token’s price mirrored the movie’s box office rise, with attention flowing from Chinese social media to crypto markets, culminating in a Binance Alpha listing and a subsequent pullback. This case illustrates how attention can be converted into crypto value, with Web2 virality fueling on-chain speculation.

TREE NEWS update: Term Finance permanently closed its Meta Vaults after an attack removed nearly all of their Ethereum deposits, resulting in an estimated $8.5 million loss. The exploit targeted the vault’s governance mechanism, prompting the protocol to shut down the affected vaults immediately.

TREE NEWS reports: PONS has achieved the 13th position in revenue over the past 30 days, with an FDV/Revenue multiple of just 0.7x, indicating potential undervaluation. This suggests strong revenue generation relative to its fully diluted valuation.

TREE NEWS reports: Term Labs has provided an update on the recent attack, stating that it has closed the Meta Vault and revoked governance permissions to mitigate further risks. The incident underscores ongoing security challenges in DeFi protocols.