Hyperliquid (HYPE) Just Did What Only One DeFi Token Had Done Before: CoinGecko
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On June 1 Hyperliquid (HYPE) entered the top 10 cryptocurrencies by market capitalization, overtaking Dogecoin with a valuation above $16 billion. CoinGecko says HYPE is only the second pure DeFi protocol to reach the top 10 after Uniswap in 2021, highlighting growing DeFi adoption and potential positive market impact on token performance and decentralized finance metrics.
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Hyperliquid (HYPE) entered the top 10 cryptocurrencies by market capitalization on June 1st, after surpassing the OG meme coin, Dogecoin (DOGE), with a valuation of over $16 billion.
According to a report by CoinGecko, this development made HYPE only the second pure decentralized finance (DeFi) protocol to reach the top 10, after Uniswap achieved the feat in 2021 during the crypto bull market that followed the 2020 “DeFi Summer.”
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Coins
$ 1.10
+0.85%
$ 0.0741
+1.39%
$ 0.102
+2.56%
$ 3.54
+3.63%
$ 67.41
+0.42%Funds
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In This News
Coins
$ 1.10
+0.85%$ 0.0741
+1.39%$ 0.102
+2.56%$ 3.54
+3.63%$ 67.41
+0.42%Funds
Predictions Markets
See what traders are focused on
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