Apollo Crypto Positions Hyperliquid As Largest Altcoin

Apollo Crypto has made Hyperliquid its largest altcoin position, head of research Pratik Kala said on X, citing the exchange’s traction and a tokenomics model that uses roughly 97–99% of revenues to buy back HYPE. Kala highlighted HIP-3’s weekend trading and early liquidity, including a reported 50% weekend gain, suggesting the platform draws hedge funds and active traders.