Hyperliquid的炒作令牌已经达到了新的历史高

今天，2025年6月11日，Hyproliquid的炒作令牌的价格已达到历史最高水平，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，超级流动性的炒作代币的价格达到了新的历史最高水平，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.

这是一个新的加密货币，它仅在去年11月底才降落在加密货币市场上，因此在这样的时候，它并不那么罕见。

The trend of the price of HYPE

炒作价格的趋势

HYPE is the native cryptocurrency of Hyperliquid.

炒作是超流体的天然加密货币。

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.

在特朗普选举胜利之后的2024年11月的下半年，它在一个小altseason的中期降落在加密货币市场上。

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

初始价格低于7美元，但在不到一个月的时间内，它已经上涨了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，这在各个方面都是一个迷你泡沫，然后从12月底开始爆发，以至于2025年的炒作价格随后下跌，每年低于4月份的10美元低于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，当加密货币市场于5月醒来时，炒作的价格首先返回20美元以上，然后从5月8日开始，开始了一个可能仍在进行的集会。

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.

该集会在5月下半年首次将其带回了30美元以上，然后在最近几天，它也将其花费了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价格，几个月来波动左右，尽管有明显的波动。

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

该振荡范围的退出恰好是5月下半年，当时它飙升了30美元，迅速达到35美元。

The Hyperliquid Ecosystem

超流动生态系统

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

Hyperliquid是一种专门设计的新区块链，旨在提高DEFI应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级区块链是从头开始设计的，以优化性能和可伸缩性，这要归功于一种称为HyperBFT的新专有共识机制。

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

几个月后，它已经达到了17亿美元的电视，高于雪崩或多边形。

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

它几乎达到了Sui，两年多前推出，并且离仲裁还不远。

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

超流动生态系统的核心是永久期货链交易的DEX，没有交易的气体。

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.

事实证明，这种方法是因为它降低了参与者的成本障碍，并且因为它大大提高了交易的速度和效率，最重要的是，交易者对永久期货的交易得到了交易的高度赞赏。由于所有这些都发生在分散的交换上，因此没有限制，可以匿名进行。

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.

特别是，超流动性的DEX具有一本完全链订单的书籍，在DEX中非常罕见。链上的方法提供了更大的透明度和安全性，交易者高度赞赏。

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是一个加密项目，旨在通过提供高性能，具有成本效益和透明的平台来革新Defi。因此，它引起了很多关注。

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.

实际上，超流动性DEX的每日交易量已经超过5亿美元，超过了SUI，尽管仍然远离仲裁。但是，增长率非常明显。

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.

鉴于这一切，很明显，为什么在这么短的时间内激起了对超流油的兴趣。

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.

显然，这种兴趣随后洒到了新的加密炒作，在短时间内，与初始价格相比，它在短时间内设法记录了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.

根据著名的Bitmex联合创始人Arthur Hayes的说法，Hype正在积累短暂的清算，这可能是昨天强劲上升的原因，使其成为历史最高的高点。

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! 🔥

炒作现在正在提出Yolo的价格行动，因为它继续大量清算“全加入”比特币短裤。当今市场上展开的令人惊叹的场景！ 🔥

— Arthur Hayes (@Arthur_Hayes) June 10, 2025

- 亚瑟·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）以大胆的主张而闻名，他声称，就永久期货市场的交易量而言，超流动性甚至可以在当前的牛周期中超过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联合创始人的话使它至少很明显在超流动及其代币炒作周围形成了多少炒作，这很简单地解释了为什么它在两天内记录了 +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.

假设循环的是，如果目前的集会真正继续下去，它甚至可能设法打破50美元的心理门槛。从长远来看，有些人甚至声称它最终可能会增加100美元以上，但在这种情况下，这并不是关于精确和合理的分析。

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

关于炒作的炒作是如此强烈，以至于几天前我们谈到了这一点。