“Hyperliquid News” encompasses the latest updates and developments related to Hyperliquid, a decentralized exchange (DEX) built on its proprietary Layer 1 blockchain, and its native token, HYPE. As of April 2025, HYPE is trading around $17.99, with analysts predicting a potential rise to $20.59 in the near term citeturn0search0turn0search2. The platform has garnered attention for generating over $1 million in daily fees, surpassing Ethereum’s $300,000, despite Ethereum’s significantly higher total value locked (TVL) citeturn0search3. However, concerns have emerged regarding centralization after a controversial decision to delist the JELLY token, leading to a drop in Hyperliquid’s vault TVL from $540 million to $150 million citeturn0search10. Staying informed with Hyperliquid News is crucial for investors and traders monitoring its market performance and governance dynamics.