21Shares, a leading issuer of crypto-based products, has launched a new ETP named Hyperliquid. This initiative is part of the company's strategy to enhance access to innovative sectors within the digital asset market.
21Shares Overall ETP Strategy
The launch of the Hyperliquid ETP with the ticker HYPE carries a 2.50% fee and debuted on the SIX Swiss Exchange. This product provides users with an easy way to access a fast-growing derivatives market and projects further developments by the company in this area.
Accessing Hyperliquid through the New ETP
Launched in 2023, Hyperliquid has achieved significant success in decentralized trading, processing over $2.07 trillion in total volume. The platform controls about 80% of the decentralized perpetual market, which confirms its leadership.
Hyperliquid's Potential and Ecosystem
Hyperliquid showcases a stable financial position with a self-sustaining model. More than 95% of its revenues are reinvested into tokens, while the platform actively builds its ecosystem, allowing developers to work within its framework.
The launch of the Hyperliquid ETP by 21Shares is a strategically essential step in providing investors access to modern decentralized financial products.
