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Hyperliquid’s valuation surpasses NASDAQ, LSEG at $91B

What happened

Hyperliquid, a blockchain-based decentralized exchange (DEX) ecosystem, has seen its native token HYPE’s fully diluted valuation (FDV) exceed that of major traditional market venues, Nasdaq and the London Stock Exchange Group. The FDV of HYPE is currently reported to be around.

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