Hyperliquid Enters Big Leagues with Nasdaq CME Crypto Index Inclusion
Hyperliquid has entered the big leagues as it joins Bitcoin and XRP in the Nasdaq CME Crypto Index. This development comes on the heels of a massive $638 million token buyback wave led by Hyperliquid and Pump.fun in 2026, with both tokens outperforming the market.
The surge in buybacks was driven primarily by these two entities, accounting for nearly 90% of the total. HYPE broke above $85 to reach a new all-time high, while PUMP saw significant gains as well.
As Hyperliquid approaches a major token unlock event, with 14.2 million HYPE tokens worth around $1.2 billion scheduled to hit the market, investors are closely watching the situation. The upcoming AQAv2 upgrade is also seen as a key factor in boosting trading volumes and driving down fees.