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Hyperliquid Defies Market Downturn as SpaceX, Anthropic, OpenAI IPOs Loom

Decrypt · May 18, 2026, 2:46 PM · Also reported by 1 other source

Hyperliquid’s HYPE token has jumped as its HIP-3 pre-IPO perp marketplace heats up ahead of a series of high-profile tech IPOs.

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Hyperliquid Defies Market Downturn as SpaceX, Anthropic, OpenAI IPOs Loom

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