The decentralized exchange ecosystem Hyperliquid has reached a fully diluted valuation of $91.1 billion for its native HYPE token. This figure exceeds the current market capitalizations of traditional financial institutions, including Nasdaq and the London Stock Exchange Group.
Market sentiment regarding the token has shifted significantly, with prediction markets showing an 83.5% probability that the HYPE price will reach $100 by December 31, 2026. This probability has risen from 80% over the past 24 hours and 49% one week ago.
Recent activity on the platform includes the launch of a borrowing and lending feature, which saw $269 million borrowed on its first day. Additionally, a single long position of $4 million was recently opened on the exchange, and the token price reached an all-time high of $92.
