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# ![@stevenyuntcap Avatar](https://lunarcrush.com/gi/w:26/cr:twitter::780884633252683780.png) @stevenyuntcap steven.hl

Hyperliquid has made significant updates, including the inclusion of HIP-3 perps on its platform, which is expected to drive adoption and growth. The platform has also seen increased activity, with $XXXXXX of real money being traded on its LLM and a $300m deployment to buy HYPE. Additionally, Hyperliquid's testnet now supports Bitcoin blockchain as a deposit chain option.

### Engagements: XXXXXX [#](/creator/twitter::780884633252683780/interactions)
![Engagements Line Chart](https://lunarcrush.com/gi/w:600/cr:twitter::780884633252683780/c:line/m:interactions.svg)

- X Week XXXXXXX -XXXX%
- X Month XXXXXXX -XX%
- X Months XXXXXXXXX -XX%
- X Year XXXXXXXXXX +500%

### Mentions: XX [#](/creator/twitter::780884633252683780/posts_active)
![Mentions Line Chart](https://lunarcrush.com/gi/w:600/cr:twitter::780884633252683780/c:line/m:posts_active.svg)

- X Week XX -XX%
- X Month XX +14%
- X Months XXX -XX%
- X Year XXX +206%

### Followers: XXXXXX [#](/creator/twitter::780884633252683780/followers)
![Followers Line Chart](https://lunarcrush.com/gi/w:600/cr:twitter::780884633252683780/c:line/m:followers.svg)

- X Week XXXXXX +0.05%
- X Month XXXXXX +0.82%
- X Months XXXXXX +16%
- X Year XXXXXX +251%

### CreatorRank: XXXXXXX [#](/creator/twitter::780884633252683780/influencer_rank)
![CreatorRank Line Chart](https://lunarcrush.com/gi/w:600/cr:twitter::780884633252683780/c:line/m:influencer_rank.svg)

### Social Influence

**Social category influence**
[exchanges](/list/exchanges)  #112 [finance](/list/finance)  #2794 [cryptocurrencies](/list/cryptocurrencies)  #7126

**Social topic influence**
[hyperliquid](/topic/hyperliquid) #1, [usdc](/topic/usdc) #152, [felixprotocol](/topic/felixprotocol) #3, [binance](/topic/binance) #25, [$265m](/topic/$265m) #3, [buybacks](/topic/buybacks) #31, [staked](/topic/staked) #110, [native](/topic/native) #655, [staking](/topic/staking) #1249, [$purr](/topic/$purr) #2

**Top accounts mentioned or mentioned by**
[@felixprotocol](/creator/undefined) [@exaltedfoks](/creator/undefined) [@hyenatrade](/creator/undefined) [@0xbriann](/creator/undefined) [@tradexyz](/creator/undefined) [@mavenhl](/creator/undefined) [@try_supercexy](/creator/undefined) [@hyperyap](/creator/undefined) [@zhuren1992](/creator/undefined) [@guthixhl](/creator/undefined) [@lan_hl1988](/creator/undefined) [@timhallch](/creator/undefined) [@obesepotato_hl](/creator/undefined) [@ethenalabs](/creator/undefined) [@ericonomic](/creator/undefined) [@ventuals](/creator/undefined) [@marketsxyz](/creator/undefined) [@hyperlendx](/creator/undefined) [@chip1cr](/creator/undefined) [@rashelsh_](/creator/undefined)

**Top assets mentioned**
[USDC (USDC)](/topic/usdc) [Purr (PURR)](/topic/$purr)
### Top Social Posts
Top posts by engagements in the last XX hours

"Happy birthday HYPE So much has changed in just X year: + Volume: $335B - $3.3T + OI: $2.5B - $6.5B + Users: 191K - 864K + HLP PnL: $42.6M - $118M + Validators: X nodes - XX nodes + Price: $X - $XX + Buybacks: $X - $844M+ Thank you Jeff Hyperliquid"  
[X Link](https://x.com/stevenyuntcap/status/1994811576663380369)  2025-11-29T16:51Z 20K followers, 45.3K engagements


"New perp DEXs are in a tricky situation: if fees are the same as Hyperliquid they will never gain market share if they charge no fees they will never be a cash printing machine which means their token will never be attractive to hold in the first place what should they do"  
[X Link](https://x.com/stevenyuntcap/status/1998139255286317148)  2025-12-08T21:14Z 20K followers, 29.7K engagements


"Looks like Ethenas borrowing 700K HYPE from stHYPE depositors instead of buying and locking their own HYPE. What does this mean for stHYPE as a collateral asset on lending markets Half of the supply will no longer be liquid in X days Am I misreading something Hyperliquid"  
[X Link](https://x.com/stevenyuntcap/status/1994064000422727704)  2025-11-27T15:21Z 20K followers, 44.8K engagements


"My long form thoughts on the team unstaking 2.6M HYPE: - The team tokens have been staked since day X. Its been said that the yield on that is also locked but didnt state what the lock duration is meaning the rewards thus far could be unlocked They have 4.8M in rewards so this could be a partial unstaking of just the yield generated in 2025. - 2.6M HYPE is barely over X% of the total team allocation. Meaning it would take nearly XXX years to unlock at this rate so this is clearly not the full first month being unstaked. All we know is most vesting finishes in 24-36 months but some beyond"  
[X Link](https://x.com/stevenyuntcap/status/1992239702645367068)  2025-11-22T14:32Z 20K followers, 195.4K engagements


"With HyENA HIP-3 perps now live we have quite an assortment of ways to trade: - @tradexyz: equities with USDC - @felixprotocol: commodities with USDH - @ventuals: pre-IPO with USDH - @hyenatrade: crypto with USDe - @markets_xyz: Not yet live with USDH Hyperliquid"  
[X Link](https://x.com/stevenyuntcap/status/1998479141864140810)  2025-12-09T19:45Z 20K followers, 6222 engagements


"Borrow and lending USDC on HyperCore is apparently being tested on testnet. If it taps into HyperEVM borrow/lend protocols like @hyperlendx and @felixprotocol via CoreWriter this would help increase their usage massively. If it doesnt it may obsolete them. Hyperliquid"  
[X Link](https://x.com/stevenyuntcap/status/1987111747816464505)  2025-11-08T10:55Z 20K followers, 58.5K engagements


"Within XX hours of growth mode being activated both @tradexyz and @felixprotocol have flipped the switch. This reduces trading fees on all their HIP-3 perps by XX% This means the highest fees you will pay on any trade is XXXXX% (USDC) or XXXXXX% (USDH). Hyperliquid"  
[X Link](https://x.com/stevenyuntcap/status/1993073507245101266)  2025-11-24T21:45Z 20K followers, 15.9K engagements


"Hyperliquid Assistance Fund update (11/13 - 11/26): - HYPE holdings: 36M tokens (+1M in XX days) - Highest buyback day: 11/21 ($4.47M) - Lowest buyback day: 11/15 ($1.35M) - Average buyback per day: $2.63M - Cost basis during this buyback period: $36.84"  
[X Link](https://x.com/stevenyuntcap/status/1994838937064673530)  2025-11-29T18:40Z 20K followers, 9322 engagements


"Gotta love the openness of the blockchain Anyone can track all of HSI's HYPE holdings that they received in-kind as part of their merger. They've only staked 425K of their HYPE so far ( X% of their holdings). What are the chances they put some HYPE into an LST Hyperliquid"  
[X Link](https://x.com/stevenyuntcap/status/1996317195689935293)  2025-12-03T20:34Z 20K followers, 14.1K engagements


"Hyperliquid bucket list update (HYPE $35): - Spot listings for majors✅ - Binance lists spot HYPE - Coin margin for perps - HL lists non-crypto perps - A T2 CEX uses HL for perps liquidity - HL flips OKX in OI✅ - Perps allowed for US users - HYPE enters the top 10"  
[X Link](https://x.com/stevenyuntcap/status/1925946556135432637)  2025-05-23T16:06Z 20K followers, 114K engagements


"When one of the largest HYPE holders exited their position of X% of circulating supply the price halved from $XX to $XX. This DAT is about to buy $265M of HYPE which is also X% of supply at current prices. Im not sure what happens but itll be fun to watch Hyperliquid"  
[X Link](https://x.com/stevenyuntcap/status/1995890963865371060)  2025-12-02T16:21Z 20K followers, 46.3K engagements


"Within the same business day as the vote passing the Sonnet merger is done and is trading XX% higher after accounting for the 1-5 stock split. Starting tomorrow: - Company ticker is now PURR - Can buy HYPE with $265M treasury - Can raise up to $1B to buy more HYPE Hyperliquid"  
[X Link](https://x.com/stevenyuntcap/status/1995983135046332902)  2025-12-02T22:27Z 20K followers, 19.2K engagements


"Hyperliquid Strategies update post merger: + 12.6M HYPE staked will look for better yield as time goes on + $305M cash sitting in a bank account for now + David takes his fiduciary responsibility seriouslythey will not be issuing more shares if MNAV is X Hyperliquid"  
[X Link](https://x.com/stevenyuntcap/status/1997159327619338586)  2025-12-06T04:21Z 20K followers, 26.4K engagements


"At last USDC has been linked between HyperCore HyperEVM This means the Arbitrum bridge will gradually be depreciated in favor of native USDC being minted on HyperEVM. FYI you may get temporarily get errors when moving large USDC to the EVM in the meantime. Hyperliquid"  
[X Link](https://x.com/stevenyuntcap/status/1997695641716441197)  2025-12-07T15:52Z 20K followers, 6294 engagements


"I think this is a non-event. They have $305M in cash but the CEO specifically said only $265M would be used to buy more HYPE citing $40M would go towards operating expenses. It makes sense that $30M of that $40M was allocated towards stock buybacks. Hyperliquid"  
[X Link](https://x.com/stevenyuntcap/status/1998065536471912820)  2025-12-08T16:22Z 20K followers, 32.2K engagements


"Hyperliquid bucket list update (HYPE $49): - Spot listings for majors✅ - Binance lists spot HYPE - Coin margin for perps - HL lists non-crypto perps✅ - A T2 CEX uses HL for perps liquidity - HL flips OKX in OI✅ - Perps allowed for US users - HYPE enters the top 10"  
[X Link](https://x.com/stevenyuntcap/status/1982681549113061828)  2025-10-27T05:31Z 20K followers, 29.7K engagements


"We note that open interest post October XX 2025 that suggests that Hyperliquid has lost nearly XX% of open interest whereas competitors such as Lighter and even Binance have recovered to pre-event levels"  
[X Link](https://x.com/stevenyuntcap/status/1998623109671526738)  2025-12-10T05:17Z 20K followers, 58.6K engagements

[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]

@stevenyuntcap Avatar @stevenyuntcap steven.hl

Hyperliquid has made significant updates, including the inclusion of HIP-3 perps on its platform, which is expected to drive adoption and growth. The platform has also seen increased activity, with $XXXXXX of real money being traded on its LLM and a $300m deployment to buy HYPE. Additionally, Hyperliquid's testnet now supports Bitcoin blockchain as a deposit chain option.

Engagements: XXXXXX #

Engagements Line Chart

  • X Week XXXXXXX -XXXX%
  • X Month XXXXXXX -XX%
  • X Months XXXXXXXXX -XX%
  • X Year XXXXXXXXXX +500%

Mentions: XX #

Mentions Line Chart

  • X Week XX -XX%
  • X Month XX +14%
  • X Months XXX -XX%
  • X Year XXX +206%

Followers: XXXXXX #

Followers Line Chart

  • X Week XXXXXX +0.05%
  • X Month XXXXXX +0.82%
  • X Months XXXXXX +16%
  • X Year XXXXXX +251%

CreatorRank: XXXXXXX #

CreatorRank Line Chart

Social Influence

Social category influence exchanges #112 finance #2794 cryptocurrencies #7126

Social topic influence hyperliquid #1, usdc #152, felixprotocol #3, binance #25, $265m #3, buybacks #31, staked #110, native #655, staking #1249, $purr #2

Top accounts mentioned or mentioned by @felixprotocol @exaltedfoks @hyenatrade @0xbriann @tradexyz @mavenhl @try_supercexy @hyperyap @zhuren1992 @guthixhl @lan_hl1988 @timhallch @obesepotato_hl @ethenalabs @ericonomic @ventuals @marketsxyz @hyperlendx @chip1cr @rashelsh_

Top assets mentioned USDC (USDC) Purr (PURR)

Top Social Posts

Top posts by engagements in the last XX hours

"Happy birthday HYPE So much has changed in just X year: + Volume: $335B - $3.3T + OI: $2.5B - $6.5B + Users: 191K - 864K + HLP PnL: $42.6M - $118M + Validators: X nodes - XX nodes + Price: $X - $XX + Buybacks: $X - $844M+ Thank you Jeff Hyperliquid"
X Link 2025-11-29T16:51Z 20K followers, 45.3K engagements

"New perp DEXs are in a tricky situation: if fees are the same as Hyperliquid they will never gain market share if they charge no fees they will never be a cash printing machine which means their token will never be attractive to hold in the first place what should they do"
X Link 2025-12-08T21:14Z 20K followers, 29.7K engagements

"Looks like Ethenas borrowing 700K HYPE from stHYPE depositors instead of buying and locking their own HYPE. What does this mean for stHYPE as a collateral asset on lending markets Half of the supply will no longer be liquid in X days Am I misreading something Hyperliquid"
X Link 2025-11-27T15:21Z 20K followers, 44.8K engagements

"My long form thoughts on the team unstaking 2.6M HYPE: - The team tokens have been staked since day X. Its been said that the yield on that is also locked but didnt state what the lock duration is meaning the rewards thus far could be unlocked They have 4.8M in rewards so this could be a partial unstaking of just the yield generated in 2025. - 2.6M HYPE is barely over X% of the total team allocation. Meaning it would take nearly XXX years to unlock at this rate so this is clearly not the full first month being unstaked. All we know is most vesting finishes in 24-36 months but some beyond"
X Link 2025-11-22T14:32Z 20K followers, 195.4K engagements

"With HyENA HIP-3 perps now live we have quite an assortment of ways to trade: - @tradexyz: equities with USDC - @felixprotocol: commodities with USDH - @ventuals: pre-IPO with USDH - @hyenatrade: crypto with USDe - @markets_xyz: Not yet live with USDH Hyperliquid"
X Link 2025-12-09T19:45Z 20K followers, 6222 engagements

"Borrow and lending USDC on HyperCore is apparently being tested on testnet. If it taps into HyperEVM borrow/lend protocols like @hyperlendx and @felixprotocol via CoreWriter this would help increase their usage massively. If it doesnt it may obsolete them. Hyperliquid"
X Link 2025-11-08T10:55Z 20K followers, 58.5K engagements

"Within XX hours of growth mode being activated both @tradexyz and @felixprotocol have flipped the switch. This reduces trading fees on all their HIP-3 perps by XX% This means the highest fees you will pay on any trade is XXXXX% (USDC) or XXXXXX% (USDH). Hyperliquid"
X Link 2025-11-24T21:45Z 20K followers, 15.9K engagements

"Hyperliquid Assistance Fund update (11/13 - 11/26): - HYPE holdings: 36M tokens (+1M in XX days) - Highest buyback day: 11/21 ($4.47M) - Lowest buyback day: 11/15 ($1.35M) - Average buyback per day: $2.63M - Cost basis during this buyback period: $36.84"
X Link 2025-11-29T18:40Z 20K followers, 9322 engagements

"Gotta love the openness of the blockchain Anyone can track all of HSI's HYPE holdings that they received in-kind as part of their merger. They've only staked 425K of their HYPE so far ( X% of their holdings). What are the chances they put some HYPE into an LST Hyperliquid"
X Link 2025-12-03T20:34Z 20K followers, 14.1K engagements

"Hyperliquid bucket list update (HYPE $35): - Spot listings for majors✅ - Binance lists spot HYPE - Coin margin for perps - HL lists non-crypto perps - A T2 CEX uses HL for perps liquidity - HL flips OKX in OI✅ - Perps allowed for US users - HYPE enters the top 10"
X Link 2025-05-23T16:06Z 20K followers, 114K engagements

"When one of the largest HYPE holders exited their position of X% of circulating supply the price halved from $XX to $XX. This DAT is about to buy $265M of HYPE which is also X% of supply at current prices. Im not sure what happens but itll be fun to watch Hyperliquid"
X Link 2025-12-02T16:21Z 20K followers, 46.3K engagements

"Within the same business day as the vote passing the Sonnet merger is done and is trading XX% higher after accounting for the 1-5 stock split. Starting tomorrow: - Company ticker is now PURR - Can buy HYPE with $265M treasury - Can raise up to $1B to buy more HYPE Hyperliquid"
X Link 2025-12-02T22:27Z 20K followers, 19.2K engagements

"Hyperliquid Strategies update post merger: + 12.6M HYPE staked will look for better yield as time goes on + $305M cash sitting in a bank account for now + David takes his fiduciary responsibility seriouslythey will not be issuing more shares if MNAV is X Hyperliquid"
X Link 2025-12-06T04:21Z 20K followers, 26.4K engagements

"At last USDC has been linked between HyperCore HyperEVM This means the Arbitrum bridge will gradually be depreciated in favor of native USDC being minted on HyperEVM. FYI you may get temporarily get errors when moving large USDC to the EVM in the meantime. Hyperliquid"
X Link 2025-12-07T15:52Z 20K followers, 6294 engagements

"I think this is a non-event. They have $305M in cash but the CEO specifically said only $265M would be used to buy more HYPE citing $40M would go towards operating expenses. It makes sense that $30M of that $40M was allocated towards stock buybacks. Hyperliquid"
X Link 2025-12-08T16:22Z 20K followers, 32.2K engagements

"Hyperliquid bucket list update (HYPE $49): - Spot listings for majors✅ - Binance lists spot HYPE - Coin margin for perps - HL lists non-crypto perps✅ - A T2 CEX uses HL for perps liquidity - HL flips OKX in OI✅ - Perps allowed for US users - HYPE enters the top 10"
X Link 2025-10-27T05:31Z 20K followers, 29.7K engagements

"We note that open interest post October XX 2025 that suggests that Hyperliquid has lost nearly XX% of open interest whereas competitors such as Lighter and even Binance have recovered to pre-event levels"
X Link 2025-12-10T05:17Z 20K followers, 58.6K engagements

@stevenyuntcap
/creator/twitter::stevenyuntcap