# The Hyperliquid World Tour *Author: Bankless* *Published: May 26, 2025* *Source: https://www.bankless.com/fr/read/the-hyperliquid-world-tour-2* --- [![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2025/04/Frame-50572-1--2-.png)](https://www.bankless.com/sponsor/uniswap-extension-1719068020?ref=read/the-hyperliquid-world-tour&email=true) The Hyperliquid World Tour Published on May 26, 2025 [ View in Browser ](https://bankless.com/read/briefs) --- [**Sponsor: Uniswap Labs**](https://www.bankless.com/sponsor/uniswap-extension-1719068020?ref=read/the-hyperliquid-world-tour&email=true) — Unichain is live! Bridge & swap with Uniswap Labs' web app or wallet. [Swap Today](https://www.bankless.com/sponsor/uniswap-extension-1719068020?ref=read/the-hyperliquid-world-tour&email=true) .  .  . NEED TO KNOW COIN Class Action Suit [![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2025/05/Group-14---2025-05-26T092537.237.png)](https://www.bankless.com/)- 🔵** Coinbase Sued in Class Action Lawsuit Over Data Breach Disclosure.** The Pennsylvania suit [alleges](https://www.bankless.com/read/coinbase-sued-in-class-action-lawsuit-over-data-breach-disclosure) Coinbase shareholders 'suffered significant losses and damages' due to improper disclosure of the breach. - 🟠** Strategy's Latest Purchase Adds 4,020 BTC to Reserves. **The public market giant now [owns](https://www.bankless.com/read/strategys-latest-purchase-adds-4-020-btc-to-reserves) 580,250 bitcoin. - 🟣 **Polygon Co-Founder Mihailo Bjelic Steps Down from Project. **Sandeep Nailwal [remains](https://www.bankless.com/read/polygon-co-founder-mihailo-bjelic-steps-down-from-project) the firm's only active co-founder after its three other co-founders have stepped back. 📸**Daily Market Snapshot: **Crypto markets pushed higher over the weekend as Trump's latest tariff pause gave investors near-term confidence in risk-on assets. Prices as of 2pm ET 24hr 7d ![](https://banklesspublic.b-cdn.net/cmc.png) **Crypto** $3.43T ↗ 1.8% ↗ 3.0% ![](https://banklesspublic.b-cdn.net/btc.png) **BTC** $109,451 ↗ 1.8% ↗ 4.3% ![](https://banklesspublic.b-cdn.net/eth.png) **ETH** $2,543 ↗ 0.9% ↗ 2.0% .  .  . ANALYSIS The Hyperliquid World Tour Bankless Author: [ David C.](https://www.bankless.com/author/david) [![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2025/05/image---2025-05-26T113012.342-1.png)](https://www.bankless.com/read/the-hyperliquid-world-tour?u=true)Hyperliquid has been impossible to ignore lately.  HYPE has climbed nearly 4x off its all-time lows and emerged as the best-performing token in the top 100 over the past month — [up over 110%](https://www.coingecko.com/). Ecosystem metrics tell an even more compelling story: Hyperliquid now commands [70% of all DeFi perps volumes](https://defillama.com/perps), amounting to [$1.5T in total volume](https://defillama.com/perps), with ecosystem TVL hitting $1.4B — up over [100% just this month](https://defillama.com/chains). Amid the breakneck growth, Hyperliquid has seemingly been on a world tour — it's everywhere you look across Twitter, [shilled on national TV](https://x.com/stevenyuntcap/status/1923368561671606595), [profiled by Bloomberg](https://www.bloomberg.com/news/newsletters/2025-05-13/hyperliquid-grows-into-a-major-player-in-crypto-derivatives), and at the center of [policy conversations](https://hyperfnd.medium.com/defi-as-a-more-open-transparent-and-efficient-financial-system-c2c9e9fa2081). In other words, the momentum has picked up significantly for Hyperliquid since we last [covered](https://www.bankless.com/read/hype-with-hyperevm-2) it in January, just weeks before the HyperEVM went live. *Let's dig deeper into Hyperliquid's growth story*👇 [Read more on Bankless](https://www.bankless.com/read/the-hyperliquid-world-tour?u=true) --- [![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2025/02/image---2025-02-21T181150.081.png)](https://www.bankless.com/sponsor/uniswap-extension-1719068020?ref=read/the-hyperliquid-world-tour&email=true)**Unlock the power of Unichain** – a fast, decentralized Ethereum Layer 2 network built to be the home for DeFi and cross-chain liquidity. To bridge tokens to Unichain and start swapping today, get started with Uniswap Labs’ web app or mobile wallet. [Swap Today](https://www.bankless.com/sponsor/uniswap-extension-1719068020?ref=read/the-hyperliquid-world-tour&email=true) .  .  . LATEST POD A Better L1 Valuation Metric? [![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2025/05/image---2025-05-26T091220.876.png)](https://www.youtube.com/watch?v=qNqZgp2fNug)**How should we value L1 tokens in crypto?** Today’s guest, Jonah Weinstein of Skycatcher, introduces RSOV – *Realized Store of Value* – a new metric designed to fundamentally reframe how we evaluate Layer 1 assets like ETH, SOL, and BTC. In this episode, we explore why traditional models like DCF and REV fall short for monetary assets, how RSOV works, and why it may be a better way to understand crypto’s total addressable market. *Tune in for a fresh perspective that could change how you analyze L1s forever👇* [Watch on YouTube](https://www.youtube.com/watch?v=qNqZgp2fNug)