At the start of 2026 these builder-deployed markets were about 2% of Hyperliquid’s perp volume. They are now roughly half of it. The pass-through shows up in the accounts. Cost of revenue, the portion of fees Hyperliquid hands straight back to builders, market makers and its own liquidity vault, was under 6% of gross revenue

Bitcoin’s latest move higher was triggered by one key catalyst: the temporary Middle East ceasefire. The easing of geopolitical risk and pressure on energy markets quickly improved sentiment, pushing BTC out of weeks of indecision within the $64,000–$72,000 range into a more accelerated move higher toward the top of the range. As highlighted in the

In Thailand crypto news today, the Southeast Asian nation has adopted a 0% personal income tax rate on capital gains from cryptocurrency trades conducted through Securities and Exchange Commission of Thailand-licensed exchanges, brokers, and dealers. Published in the Royal Gazette under Ministerial Regulation No. 399, the exemption applies to qualifying transactions from January 1, 2025,

Senate Majority Whip John Barrasso is the latest lawmaker to call for action on the crypto Clarity Act, though recent developments show work on the bill may be slowing.  Speaking to the Senate Thursday, Barrasso reminded lawmakers that the U.S. passed the first major digital asset bill last year, the Genius Act, and the same

Tokenised fixed-income products are gaining popularity as investors look for more legible sources of on-chain yield. Bitfinex Securities products ALTERNATIVE and USTBL are two prime examples of how fixed-income structures familiar from the world of traditional finance are increasingly being rebuilt on Bitcoin-native rails. Crypto has a yield legibility problem. Rates on some of the

“There were way too many general-purpose layer twos, which frankly don’t make sense as a product, because there’s no reason to have many, many versions of the same thing,” Ben Fisch, CEO of Espresso Systems, told CoinDesk. “We’re in a consolidation phase for general-purpose layer twos, not layer twos broadly.” Industry leaders argue the shakeout

A vote on the long-awaited Clarity Act will be delayed until September as lawmakers go on recess today.  As first reported by POLITICO, citing comments from Majority Leader John Thune, the vote on the landmark bill will now have to wait until lawmakers return from August recess.  Bipartisan work has gone into the Clarity Act,

Latin America’s crypto market is no longer defined only by crisis. Inflation, capital controls and expensive cross-border payments still shape demand, but they no longer tell the whole story. What is emerging across the region is something altogether more durable. Data released in February 2026 by Argentine fintech Lemon suggests that monthly active crypto users

Bitcoin mining firm AntPool mined the first non-signaling block, which the rest of the network accepted and BIP-110 nodes rejected, and a miner using Ocean produced the alternative that the breakaway chain followed instead. (A miner is an entity that uses massive computing resources to maintain bitcoin and process its transactions, earning newly issued bitcoin