Kraken’s Parent Company Reportedly Eyes Hyperliquid as HYPE Tests $75 Support
Photo: TheCoinrise
AMBCrypto reports growing interest from Kraken's parent in Hyperliquid as the HYPE token faces pressure at a key price level. Hyperliquid, a decentralized exchange focused on perpetual futures trading, has reportedly attracted attention from the parent company of Kraken. AMBCrypto reported the development, tying it to renewed scrutiny of HYPE, the platform's native token, as it approaches a closely watched $75 level. Hyperliquid operates as an on-chain order book exchange, distinguishing it from many decentralized platforms that rely on automated market makers.
Source: TheCoinrise
