According to HTX market data cited by BlockBeats on July 3, HYPE rose above $70 and was trading at $70.37, up 7.24% over the past 24 hours. The move came alongside a product announcement from VALR, the largest cryptocurrency exchange in Africa, which said it will launch its “Perps” perpetual futures product on July 6. The offering will be natively integrated with Hyperliquid, a decentralized public chain, and is expected to bring more than 200 perpetual markets to the platform. The market focus is currently on the timing of the launch, the native integration model, and the broader expansion of Hyperliquid-related trading access across exchange infrastructure.
HYPE moves above $70
BlockBeats reported on July 3 that, according to HTX market data, HYPE broke above the $70 level and was last quoted at $70.37. The token was up 7.24% over the previous 24 hours. The move placed attention on HYPE’s price action around a major round-number threshold, with the market closely watching follow-through after the breakout.
VALR to launch Perps on July 6
On the news side, VALR, described as the largest cryptocurrency exchange in Africa, announced that it will launch its “Perps” perpetual futures product on July 6. The product will be natively integrated with Hyperliquid, a decentralized public chain.
According to the announcement referenced by BlockBeats, the integration will introduce more than 200 perpetual futures markets. At this stage, the key disclosed facts are the scheduled launch date, the native connection to Hyperliquid, and the scale of market access that the new product is expected to provide. These factors have become the main focus for traders monitoring HYPE and the broader Hyperliquid ecosystem.
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