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Hyperliquid (HYPE) posted strong gains amid positive developments, including expanded roles for Coinbase with its ecosystem. Cross-chain protocol THORChain faced an exploit estimated around $10 million, leading to a temporary trading halt and a drop in its RUNE token. Corporate activity included Strategy (formerly MicroStrategy) planning bond repurchases potentially funded by Bitcoin sales, alongside high trading volumes in related shares. These events highlight ongoing innovation, risks in DeFi infrastructure, and institutional integration in the sector.

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