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Hyperliquid Rival Lighter Valued at $1.5B after Raising $68M


The Ethereum-based decentralized finance (DeFi) platform went live in October after initially raising $21 million in a previous round led by Haun Ventures. Lighter Becomes Crypto’s Latest Unicorn After $68M Round Lighter, the new kid on the block competing against perpetual futures giant...

21shares Aims to Launch Hyperliquid ETF Tracking HYPE’s Spot Price


21shares US LLC, a subsidiary of 21.co recently acquired by Falconx, filed a registration statement with the U.S. Securities and Exchange Commission (SEC) on Wednesday, to launch the 21shares Hyperliquid ETF — a fund that tracks the spot price of HYPE, the native token of the Hyperliquid...

Terminal Finance CEO: Code Solves CEX Failures; DEX Raises $280M Pre-Launch


Terminal Finance, a new decentralized exchange incubated by Ethena, has attracted over $280 million in pre-deposit total value locked. The Structural Difference: Code Over Custody In the wake of centralized exchange (CEX) failures and allegations of opaque governance following the market crash...

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