Hyperliquid的炒作令牌已經達到了新的歷史高

今天，2025年6月11日，Hyproliquid的炒作令牌的價格已達到歷史最高水平，近43美元。

Today, June 11, 2025, saw the price of Hyperliquid’s HYPE token reach a new all-time high, at nearly $43.

今天，2025年6月11日，超級流動性的炒作代幣的價格達到了新的歷史最高水平，近43美元。

This is a new crypto, which landed on the crypto markets only at the end of November last year, so at a time like this, it is not so unusual for it to register all-time highs.

這是一個新的加密貨幣，它僅在去年11月底才降落在加密貨幣市場上，因此在這樣的時候，它並不那麼罕見。

The trend of the price of HYPE

炒作價格的趨勢

HYPE is the native cryptocurrency of Hyperliquid.

炒作是超流體的天然加密貨幣。

It landed on the crypto markets in the midst of a mini-altseason, in the second half of November 2024 after Trump’s electoral victory.

在特朗普選舉勝利之後的2024年11月的下半年，它在一個小altseason的中期降落在加密貨幣市場上。

The initial price was below $7, but in less than a month it had already risen above $32.

初始價格低於7美元，但在不到一個月的時間內，它已經上漲了32美元。

That, however, was in all respects a mini-bubble, which then burst starting from the end of December, so much so that the price of HYPE in 2025 then fell, reaching an annual low of just over $10 in April.

但是，這在各個方面都是一個迷你泡沫，然後從12月底開始爆發，以至於2025年的炒作價格隨後下跌，每年低於4月份的10美元低於10美元。

However, when the crypto markets woke up in May, the price of HYPE first returned above $20, and then starting from May 8th, it began a rally that might still be ongoing.

但是，當加密貨幣市場於5月醒來時，炒作的價格首先返回20美元以上，然後從5月8日開始，開始了一個可能仍在進行的集會。

This rally first brought it back above $30 in the second half of May, and then in recent days it also took it above $40.

該集會在5月下半年首次將其帶回了30美元以上，然後在最近幾天，它也將其花費了40美元以上。

Excluding the initial price, which was largely undervalued, for several months it had fluctuated around $20, although with a notable amplitude of fluctuation.

不包括最初被低估的初始價格，幾個月來波動左右，儘管有明顯的波動。

The exit from this oscillation range came precisely in the second half of May, when it surged past 30$, quickly reaching 35$.

該振盪範圍的退出恰好是5月下半年，當時它飆升了30美元，迅速達到35美元。

The Hyperliquid Ecosystem

超流動生態系統

Hyperliquid is a new blockchain specifically designed to enhance the efficiency and performance of DeFi applications.

Hyperliquid是一種專門設計的新區塊鏈，旨在提高DEFI應用程序的效率和性能。

Its level 1 blockchain was designed from scratch to optimize performance and scalability, thanks to a new proprietary consensus mechanism called HyperBFT.

它的1級區塊鍊是從頭開始設計的，以優化性能和可伸縮性，這要歸功於一種稱為HyperBFT的新專有共識機制。

In a few months, it has already reached a TVL of 1.7 billion dollars, higher than that of Avalanche or Polygon.

幾個月後，它已經達到了17億美元的電視，高於雪崩或多邊形。

It has almost reached SUI, launched more than two years ago, and it is not very far from Arbitrum.

它幾乎達到了Sui，兩年多前推出，並且離仲裁還不遠。

The heart of the Hyperliquid ecosystem is the DEX for on-chain trading of perpetual futures, with no gas on transactions.

超流動生態系統的核心是永久期貨鏈交易的DEX，沒有交易的氣體。

This approach is proving successful, both because it reduces the cost barrier for participants and because it significantly improves the speed and efficiency of transactions, and above all because the trading of perpetual futures is highly appreciated by traders. Since all this takes place on a decentralized exchange, there are no limits and it can be done anonymously.

事實證明，這種方法是因為它降低了參與者的成本障礙，並且因為它大大提高了交易的速度和效率，最重要的是，交易者對永久期貨的交易得到了交易的高度讚賞。由於所有這些都發生在分散的交換上，因此沒有限制，可以匿名進行。

In particular, the DEX of Hyperliquid has a completely on-chain order book, which is quite rare among DEXs. The on-chain approach provides greater transparency and security, and this is highly appreciated by traders.

特別是，超流動性的DEX具有一本完全鏈訂單的書籍，在DEX中非常罕見。鏈上的方法提供了更大的透明度和安全性，交易者高度讚賞。

Hyperliquid is a crypto project that aims to revolutionize DeFi by offering, thanks to a high-performance, cost-effective, and transparent platform. For this reason, it is attracting a lot of attention.

Hyproliquid是一個加密項目，旨在通過提供高性能，具有成本效益和透明的平台來革新Defi。因此，它引起了很多關注。

In fact, the daily trading volume on Hyperliquid’s DEX has already exceeded 500 million dollars, surpassing SUI, although still quite distant from Arbitrum. However, the growth rate is remarkable.

實際上，超流動性DEX的每日交易量已經超過5億美元，超過了SUI，儘管仍然遠離仲裁。但是，增長率非常明顯。

The hype on HYPE

炒作的炒作

In light of all this, it is clear why so much interest in Hyperliquid has surged in such a short time.

鑑於這一切，很明顯，為什麼在這麼短的時間內激起了對超流油的興趣。

This interest obviously then spilled over to the new crypto HYPE, which in a short time managed to record a x7 compared to the initial price.

顯然，這種興趣隨後灑到了新的加密炒作，在短時間內，與初始價格相比，它在短時間內設法記錄了X7。

According to the famous co-founder of BitMEX, Arthur Hayes, HYPE is accumulating short liquidations, and it is possible that this is the reason behind yesterday’s strong rise that brought it to all-time highs.

根據著名的Bitmex聯合創始人Arthur Hayes的說法，Hype正在積累短暫的清算，這可能是昨天強勁上升的原因，使其成為歷史最高的高點。

HYPE is now putting up YOLO price action as it continues to massively liquidate the "all-in" Bitcoin shorts. Amazing scenes unfolding on the markets today! 🔥

炒作現在正在提出Yolo的價格行動，因為它繼續大量清算“全加入”比特幣短褲。當今市場上展開的令人驚嘆的場景！ 🔥

— Arthur Hayes (@Arthur_Hayes) June 10, 2025

- 亞瑟·海斯（Arthur Hayes）（@arthur_hayes）2025年6月10日

Hayes, who is known for making bold claims, claims that Hyperliquid could even surpass Binance during the current bull cycle in terms of trading volumes in the perpetual futures market.

海耶斯（Hayes）以大膽的主張而聞名，他聲稱，就永久期貨市場的交易量而言，超流動性甚至可以在當前的牛週期中超過binance。

The words of the famous co-founder of BitMEX make it at least evident how much hype is forming around Hyperliquid and its token HYPE, and this very simply explains why it recorded a +21% in two days.

著名的Bitmex聯合創始人的話使它至少很明顯在超流動及其代幣炒作周圍形成了多少炒作，這很簡單地解釋了為什麼它在兩天內記錄了 +21％。

The hypothesis circulating is that it might even manage to break the psychological threshold of $50, should the current rally truly continue. In the long term, there are those who even claim it could end up rising above $100, but in this case, it is not about precise and justified analysis.

假設循環的是，如果目前的集會真正繼續下去，它甚至可能設法打破50美元的心理門檻。從長遠來看，有些人甚至聲稱它最終可能會增加100美元以上，但在這種情況下，這並不是關於精確和合理的分析。

The hype about HYPE is so strong that even Binance US talked about it a few days ago.

關於炒作的炒作是如此強烈，以至於幾天前我們談到了這一點。