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The HyperLiquid HYPE token is quickly becoming one of the most watched assets in crypto.
Over the past month, HYPE’s market cap has climbed to $16.3 billion, with daily trading volume now exceeding $400 million.
The token’s rise reflects HyperLiquid’s growing dominance in decentralized derivatives trading, with its Layer-1 blockchain processing nearly $2 trillion in on-chain volume and handling up to 200,000 transactions per second.
For crypto traders, HYPE represents direct exposure to this fast-moving ecosystem.
But for stock market investors, there’s a different route catching attention: buying shares of HYLQ Strategy Corp. (CSE: HYLQ), a public company that has been aggressively accumulating HYPE on its balance sheet.
That connection has sent HYLQ shares soaring +336% over the last 30 days, as traditional investors look for a stock-market proxy to tap into the HyperLiquid surge.
HYLQ Buys Nearly 29,000 HYPE Tokens, Stock Up 336% in 30 Days
HYLQ’s stock rally is directly tied to its recent acquisitions of HYPE. On June 26, the company announced the purchase of 5,000 HYPE tokens at an average price of $37.12 each.
Less than a week later, on July 2, it added another 3,573.85 tokens at $39.59, bringing its total holdings to 28,961.53 tokens.
Altogether, HYLQ has spent approximately $327,000 on HYPE tokens, creating what CEO Matt Zahab calls a “HYPE-denominated treasury.”
In a statement, Zahab said:
“This marks our second strategic purchase of 10,000 HYPE tokens, further reinforcing our conviction in HyperLiquid as the future of on-chain trading. As HYLQ Strategy builds a HYPE‑denominated treasury, we remain committed to offering public market investors with exposure to the HyperLiquid ecosystem.”
This strategy mirrors what companies like MicroStrategy did with Bitcoin, using crypto accumulation to create stock market exposure for investors who can’t or won’t buy tokens directly.
HYLQ shares have skyrocketed from C$0.55 to over C$2.40 in just 30 days, pushing year-to-date gains to nearly +98%.
Trading volumes in HYLQ are at multi-month highs, signaling that retail and institutional traders are viewing the stock as a public market play on HyperLiquid’s ecosystem.
HyperLiquid Growth Fuels Both Tokens and Stocks
Its on-chain order book model for perpetual futures trading allows for faster execution and deeper liquidity compared to most decentralized exchanges.
One industry analyst called it a “wake-up call to older DEXs”, noting that HyperLiquid’s speed rivals centralized platforms while remaining fully decentralized.
Another factor drawing attention is HYPE’s aggressive tokenomics.
Of the 1 billion total supply, only 334 million tokens are in circulation, with over $850 million worth of HYPE burned or bought back since launch.
The protocol redirects 97% of its daily revenue, roughly $1 million per day, into buybacks, creating constant demand pressure.
This model has fueled a 22% price surge in the past week alone, adding to the bullish momentum.
The project is entirely bootstrapped, with no venture capital involvement, no private token sales, and no insider unlocks.
For investors outside of crypto, HYLQ is offering a new path. Instead of setting up DeFi wallets or navigating decentralized exchanges, stock market participants can simply buy shares of HYLQ and get exposure to HyperLiquid’s performance.
The company has positioned itself as a public-market proxy for HYPE, allowing traditional investors to ride the DeFi wave without leaving equity markets.
As former moves by Lion Group and other digital asset firms have shown, corporate token accumulation can drive significant shareholder returns when tied to rising crypto markets.
HYLQ is following that blueprint, but this time with HyperLiquid instead of Bitcoin.
The key question now is whether HYPE can sustain its current momentum. If so, analysts expect HYLQ stock to track closely alongside it.
Technical traders are eyeing C$2.50 as the next breakout zone for HYLQ, while C$2.00 could act as short-term support if profit-taking sets in.
For those looking to gain exposure to HyperLiquid’s growth without trading crypto directly, HYLQ.com is the simplest entry point.
The company continues to update its treasury activity there, offering real-time access for both equity investors and crypto-curious traders.
