On February 18, according to Hyperliquid data, affected by the news of "HyperEVM main network online", HYPE rose by more than US$27, now at US$2.65, with a market value of US$8.8 billion, and a 24-hour transaction volume of US$102 million. Note: Hyperliquid is L1 specially designed for decentralized derivatives trading, with its vision to create a decentralized Binance. As of now, Hyperliquid has not accepted any investment. In an announcement of the creation event, the Hyperliquid Foundation stated that "there is no allocation for private investors, centralized trading platforms or market makers in token allocation." As L1, the ecological system of Hyperliquid is not yet sound, from browser to DEX All are Hyperliquid self-operated models, and all technological innovation and development focus are on the performance improvement of decentralized derivatives trading platforms.