As DeFi investors prepare for the HYPE token launch, what has made Hyperliquid capture so much attention? In just two years, Hyperliquid has quickly become a leading protocol in the crypto derivatives market, becoming one of the most active decentralized exchanges for perpetual contracts. In the blockchain space, Hyperliquid has uniquely adopted a product-first strategy, achieving organic growth without significant incentives and maintaining financial independence as a fully self-funded team....

As DeFi investors prepare for the HYPE token launch, what has made Hyperliquid capture so much attention? In just two years, Hyperliquid has quickly become a leading protocol in the crypto derivatives market, becoming one of the most active decentralized exchanges for perpetual contracts. In the blockchain space, Hyperliquid has uniquely adopted a product-first strategy, achieving organic growth without significant incentives and maintaining financial independence as a fully self-funded team....