HyperLink raises $2.5M, targets 10% of Hyperliquid trading volume
- —Raised $2.5M from Alliance, North Island Ventures, Reverie, Node Capital, Breed and smartestmoney.hl
- —Routed $254M in trades last month, or 0.1% of Hyperliquid's volume
- —Targets a 10% share of Hyperliquid volume, 100x its current level
Why it matters: A larger routing share would intensify competition for order flow on Hyperliquid, affecting fees and liquidity.
Source: TokenPost