Futures
Access hundreds of perpetual contracts
CFD
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Promotions
AI
Gate AI
Your all-in-one conversational AI partner
Gate AI Bot
Use Gate AI directly in your social App
GateClaw
Gate Blue Lobster, ready to go
Gate for AI Agent
AI infrastructure, Gate MCP, Skills, and CLI
Gate Skills Hub
10K+ Skills
From office tasks to trading, the all-in-one skill hub makes AI even more useful.
GateRouter
Smartly choose from 40+ AI models, with 0% extra fees
#DailyPolymarketHotspot
Market Lesu, Hyperliquid Just Achieves All-Time High
The native token of the perpetual DEX platform, Hyperliquid (HYPE), successfully broke into the price discovery zone after hitting a new all-time high of $73.7 on Monday (6/1) trading. This achievement caused HYPE to move anomalously against the trend, considering large-cap cryptocurrencies like Bitcoin and Ethereum are still held below their peak levels due to sluggish global macro sentiment. The price surge also extended HYPE's bullish trend, which has soared more than 70% in just the past month.
This positive trend is supported by two main pillars, namely ecosystem expansion and the influx of institutional capital. On the development side, Hyperliquid has just expanded its services by launching an internal prediction market feature, which coincided with positive sentiment surrounding the approval of the first regulated perpetual contract by the US CFTC.
Meanwhile, on the fund flow side, CoinShares reports that Hyperliquid's investment products successfully attracted an inflow of $10.8 million amid the massive outflows hitting the global crypto market. This accumulation was also reinforced by the 21Shares Hyperliquid spot ETF product (THYP), which surged 50% in two weeks, as well as a $192 million buyout from an affiliated wallet of a16z.
Beyond external sentiment factors, HYPE's rally was also strongly driven by the protocol's highly aggressive automatic buyback mechanism. Fundamentally, Hyperliquid is designed to redirect 98% of total trading fee revenue to repurchase HYPE tokens in the spot market. This continuously operating system has reportedly absorbed about 14% of the circulating HYPE supply.