
S&P licenses index for Hyperliquid perps—huge TradFi credibility boost. $HYPE chain holds #8 at $1.8B TVL (+15.6% 30d). Perps generate 83% of $1M daily fees despite 56% price dip. Shorts accumulating (net flow -0.70) after long liqs, OI surges +24%. $39 break confirms momentum resumption. Edge long $HYPE here.
