- President Donald Trump announced plans during a press conference to bring the decentralized exchange Hyperliquid into the United States in a compliant and legal fashion.
- Following the announcement, shares of Hyperliquid surged 30% and its HYPE token jumped 18%, while options volume reached nearly eight times the 30-day average.
- The news also impacted traditional and crypto-related equities, with Cboe Global Markets dropping 3.5% and Strategy rallying nearly 13%.