- Hyperliquid is a decentralised exchange built on a layer 1 blockchain.
- Its native token, HYPE, went live in 2024 through an airdrop.
- Hyperliquid announced Saturday that the HyperFND twitter account was compromised.
Hyperliquid Foundation, a decentralised crypto exchange announced this morning, May 26,2025 that their HyperFND X account has been recovered.
This is after they officially announced the account was compromised two days ago on May 24,2025.
Hyperliquid in their official X post went on to say that a thorough investigation is being conducted with the assistance of X’s security team.
They added there was no compromise of internal systems, email, or associated credentials and that Hardware 2FA was untouched.
The Crypto industry has seen exponential growth especially in the past few weeks. Experts attribute this growing trend to President Trump’s reelection and his support and enthusiasm towards crypto.
As the decentralized trading revolution accelerates, Hyperliquid can be seen at the forefront. In fact, Hyperliquid has reported its total trading volume has surpassed $1 trillion. Currently valued at $12 billion, Hyperliquid according to Forbes would see its token price rise to about $300 if its market cap reached $100 billion.
The price of the Hyperliquid token continues to climb after achieving its all-time high and was $38.94 at the time of reporting.