Alea Research

Hyperliquid Earn held $1.48B on Sep 30, three weeks after borrowing opened on HyperCore. It lends USDC to traders who borrow against their HYPE and BTC. Value locked on Hyperliquid's chain rose 91% in Q3, to $2.69B. read image description

84% of the pack spend Collector Crypt added in Q3 came from wallets spending $1,000 to $100,000 in a day. Wallets spending over $1M in a day put in $3.0M less than in Q2, while the $1,000 to $100,000 group added $26.1M. read image description

FLUID gained 35.10% from Oct 31 to Nov 5, the largest gain of the 53 tokens covered. Its engine powers Jupiter Lend, whose fees rose 18.2% to a record $4.73M in October. Fluid kept $752,949 of revenue in the 30 days to Nov 4, up 10.8%. read image description

Launchers on Pons priced 60,915 of their tokens in NVDA, more than in any asset but ETH and USDG. Of 648,701 launches on Pons V2 from Aug 3 to Sep 30, 9,864 sold out their bonding curve and moved to a Uniswap market. The median one got there in four minutes. read image description

Article Why the owner of the NYSE is building on Hyperliquid On Oct 29, ICE, the company that owns the New York Stock Exchange, said it plans a regulated US market built on Hyperliquid with trade[XYZ], once regulators approve it. Three days earlier, Kraken's