CoinDesk
Hyperliquid's native token HYPE gained roughly 7% while Bitcoin was in the red, with the catalyst being the listing of SpaceX pre-IPO shares on the Hyperliquid platform. The move marks a notable expansion of the decentralised exchange's tradeable asset universe beyond crypto-native instruments.
Bringing SpaceX pre-IPO exposure on-chain is a meaningful product milestone for Hyperliquid — it signals the platform is pushing into tokenised real-world assets at a moment when the broader RWA narrative is attracting serious institutional attention. For HYPE holders, the outperformance against Bitcoin during a down session is the kind of relative strength that tends to draw fresh eyes to a token.
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