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Author | defioasis From perpetual contract trading to the eye-catching on-chain exchange, Hyperliquid has quickly risen in the Crypto space. Recently, Hyperliquid conducted a large-scale airdrop of HYPE tokens, which not only boosted community engagement and user participation but also broke the undervaluation status of the on-chain derivatives sector, raising the ceiling for the entire track. (1) Hyperliquid has accumulated over 1.5 billion USDC in assets, comparable to the 14th largest cryptocurrency exchange in the world Hyperliquid is a high-performance derivatives exchange built on Layer 1, compatible with EVM. Assets are primarily deposited into Hyperliquid through the Arbitrum Bridge, which currently supports USDT, USDC.e, and USDC on Arbitrum, but only USDC is accepted as collateral. As of December 9, assets in the Hyperliquid Deposit Bridge contract: 0x2D...3dF7 have reached 1.58 billion USDC and are still growing. When comparing Hyperliquid's assets with the clean assets ...

A new Ethereum (ETH)-based layer-2 project is debuting with a fully diluted value (FDV) of more than $7.7 billion amid support from leading crypto exchanges. According to a new announcement, top crypto exchange Binance is supporting Movement (MOVE) through its airdrop portal. After the airdrop, MOVE will be available to trade in the MOVE/BTC, MOVE/USDT, MOVE/BNB, MOVE/FDUSD and MOVE/TRY trading pairs. Binance is attaching a seed tag to MOVE, which the exchange applies to lower-liquidity projects that may exhibit higher volatility compared to other listed tokens. Binance requires users who own assets with seed tags to pass quizzes every 90 days to ensure they’re aware of the risks before trading the tokens. Korean crypto exchange Upbit has also announced trading support for MOVE. Hours after launch, MOVE is trading for $0.77 at time of writing, up 13.8% since going live. With a market cap of $1.7 billion, MOVE is the 86th largest crypto project. The projec...