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A hype surge has driven HYPE token to an impressive 12.5% gain, and it’s now trading at $38.56 despite the recent security breach that compromised Hyperliquid‘s official X account. This remarkable crypto market volatility demonstrates how digital assets can maintain momentum even when platforms face crypto security risks and potential investment scams targeting their social media presence. HyperFND twitter account was compromised. The Hyperliquid blockchain is unaffected. Do not interact with any links or tweets from that account. — Hyperliquid (@HyperliquidX) May 24, 2025 Also Read: Chainlink Whales Add 25M LINK as Price Eyes This Next Key Level Managing Crypto Market Volatility And Security Risks Amid Hype Surge Source: BitCoinist Security Breach Fails to Halt Token Performance HYPE’s surge continues to drive impressive gains, and right now HYPE sits comfortably near its all-time high of just over $38. At the time of writing, this crypto market volatility showcases h...

Although mostly indistinguishable from a regular crypto exchange — it offers derivatives trading and issued its own proprietary coin — Hyperliquid has managed to capture market share through two particularly successful Features . While it debuted with a generous airdrop of its HYPE token, this is nothing out of the ordinary. After all, many other crypto exchanges have tried giving away free money in the hopes of generating a return via media attention. However, the HYPE airdrop did give the token enough momentum to fund its team and allow it to go on to tweak two pages from the conventional exchange playbook. First, Hyperliquid created a platform that allows users to create hedge fund-like Vaults and trade other people’s money . Despite being geo-restricted from the US (that activity is illegal without Securities and Exchange Commission (SEC) registration), these Vaults helped extend momentum from its $1.2 billion airdrop . During the exchange’s early ...