# Hyperliquid's Year of Winning *Author: Bankless* *Published: Dec 10, 2025* *Source: https://www.bankless.com/read/hyperliquids-year-of-winning* --- [![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2025/12/Frame-50567--13-.png)](https://www.bankless.com/sponsor/coinbase-1765258276?ref=read/hyperliquid-the-year-perps-caught-fire) Hyperliquid's Year of Winning Published on Dec 10, 2025 [ View in Browser ](https://bankless.com/read/briefs) --- [**Sponsor: Coinbase**](https://www.bankless.com/sponsor/coinbase-1765258276?ref=read/hyperliquid-the-year-perps-caught-fire) — Borrow against your BTC or ETH on Coinbase, powered by Morpho. [Borrow Now](https://www.bankless.com/sponsor/coinbase-1765258276?ref=read/hyperliquid-the-year-perps-caught-fire) .  .  . NEED TO KNOW Debanking Called Out [![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2025/12/Group-21.png)](https://www.bankless.com/)- 🦅 **OCC Gives U.S. Banks Permission to Broker Crypto Transactions.** U.S. banks [can now act](https://www.bankless.com/read/news/occ-gives-u-s-banks-permission-to-broker-crypto-transactions) as market makers for crypto transactions. - 💵 **Stripe Acquires Team Behind Valora Crypto Wallet.** Stripe [acqui-hired](https://www.bankless.com/stripe-acquires-valora-team-for-market-expansion) the Valora wallet team, adding mobile-first and emerging markets expertise from the Celo ecosystem. - 🩻 **Tether Expands Beyond Crypto with Launch of AI Health Tracking Platform. **Crypto's largest stablecoin issuer is [pushing the frontier](https://www.bankless.com/read/news/tether-launches-qvac-health-ai-powered-unified-health-interface) of AI and health. 📸**Daily Market Snapshot: **Wall Street pumped higher Wednesday as The Fed once again cut interest rates a quarter point. ETH's performance against BTC continues to improve, with recent gains erasing early-November ETHBTC losses. Prices as of 4pm ET 24hr 7d ![](https://banklesspublic.b-cdn.net/cmc.png) **Crypto** $3.18T ↘ 0.5% ↘ 0.1% ![](https://banklesspublic.b-cdn.net/btc.png) **BTC** $92,439 ↘ 0.6% ↘ 0.8% ![](https://banklesspublic.b-cdn.net/eth.png) **ETH** $3,358 ↗ 0.9% ↗ 6.6% ---