Apu Is Now Live for Trading on Hyperliquid
Hyperliquid currently facilitates billions in daily trading volume and manages over $7 billion in total value locked (TVL). The addition of APU marks the first memecoin from 'Murad's List' to be bridged directly from Ethereum to the Hyperliquid ecosystem, utilizing LayerZero's cross-chain messaging infrastructure.
Technical Milestone and Cross-Chain Expansion
Unlike synthetic assets or wrapped versions, the APU token maintains its native supply integrity through a direct Ethereum-to-Hyperliquid bridge. This deployment introduces spot trading immediately, without the need for a perpetual-only beta phase. APU is now available natively on Ethereum, Solana, Base, and Hyperliquid.
FlowDesk, alongside automated arbitrage systems and ecosystem participants, will help maintain price parity across chains. This integration places APU within a high-performance trading environment built to support 100,000 transactions per second and designed for institutional-grade capital routing.
Background on Hyperliquid
Hyperliquid is an on-chain orderbook protocol that offers centralized exchange-like functionality while preserving the transparency of decentralized finance (DeFi). Its infrastructure is optimized for high throughput, low latency, and deep liquidity aggregation. The platform has become an increasingly prominent venue for active crypto traders, with a focus on speed, capital efficiency, and transparency.
Deployment Timeline and Operations
The listing was coordinated by Alexander Levin Jr., recently appointed Director of Operations at Apu Apustaja. Under his oversight, the Ethereum-to-Hyperliquid deployment was completed in under three weeks streamlining cross-chain migration and consolidating key stakeholders. This effort followed extended delays prior to his involvement and is part of a broader operational overhaul within the APU ecosystem.
Quote from APU Operations
"This deployment represents a pivotal step in expanding APU's accessibility to advanced trading platforms,' said Alexander Levin Jr., Director of Operations at Apu Apustaja. 'Hyperliquid's infrastructure offers the performance and transparency we were looking for, and the integration process through LayerZero was executed with precision and speed.'
About Apu Apustaja ($APU)
Apu Apustaja ($APU) is a decentralized memecoin project originally launched on Ethereum. Known for its grassroots growth, cross-chain expansion, and cultural resonance within crypto communities, APU aims to build a multi-chain ecosystem driven by community participation and interoperable infrastructure.
Contact
Apu Apustaja
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
3 hours ago
- Yahoo
Bitcoin Holds Steady As Ethereum, XRP, Dogecoin Lead Altcoin Rally
Cryptocurrency markets are rallying on Monday, led by notable Ethereum Ticker Price Bitcoin (CRYPTO: BTC) $114,668 Ethereum (CRYPTO: ETH) $3,680.47 Solana (CRYPTO: SOL) $165.72 XRP (CRYPTO: XRP) $3.05 Dogecoin (CRYPTO: DOGE) $0.2055 Shiba Inu (CRYPTO: SHIB) $0.00001237 Notable Statistics: IntoTheBlock data shows Bitcoin and Ethereum large transaction decreased by 0.1% and grew 3.97%, respectively. Daily active addresses dropped by 10.4% and increased 3.9%, respectively. Coinglass data shows 85,818 traders were liquidated in the past 24 hours for $234.22 million. The top gainers in the past 24 hours include MemeCore (CRYPTO: M), Mantle (CRYPTO: MNT) and Litecoin (CRYPTO: LTC). Notable Developments: SharpLink Ups Ethereum Bets, Closes In On 500,000 ETH Holdings Bitcoin Mining With Nuclear Energy? French Lawmakers Are Considering It Coinbase CEO Brian Armstrong Defends UK-Ad Ban: 'If You Can't Say It, Then There Must Be A Kernel Of Truth In It' Vandalism Against Satoshi Nakamoto Statue Sparks Protest: You Can Steal Our Symbol, But You Will Never Be Able To Steal Our Souls' How Coinbase, Robinhood, Circle Could Benefit From The SEC's New 'Project Crypto' Trader Notes: Michael van de Poppe notes that while Bitcoin has broken to the upside, it's still struggling at a major resistance level, with no clear trend reversal confirmed Loukas highlights that BTC has retested its May cycle high, potentially marking the peak of this 60-day cycle. While lower lows or retests are common in cycles, he notes they become less predictable in advanced bull markets. His outlook suggests a strong rally toward a late August high, followed by a cycle decline into Crypto explains that Bitcoin's recent dip wasn't surprising and was followed by a strong bounce, though it still hasn't tapped into the key demand zone. He expects continued chop through August, with a move toward the supply zone likely regardless of whether BTC follows a bullish or bearish short-term path. Rekt Capital points out that after completing a full fill of the Daily CME Gap, Bitcoin is now trying to reclaim higher ground. The crucial level to watch is $116,000, which marks the top of the gap and a potential trigger for further upside. Read Next: Image: Shutterstock Up Next: Transform your trading with Benzinga Edge's one-of-a-kind market trade ideas and tools. Click now to access unique insights that can set you ahead in today's competitive market. Get the latest stock analysis from Benzinga? This article Bitcoin Holds Steady As Ethereum, XRP, Dogecoin Lead Altcoin Rally originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved. Sign in to access your portfolio
Newsweek
4 hours ago
- Newsweek
The Secret Deals Driving Crypto Markets...and Leeching Into Wall Street
Advocates for ideas and draws conclusions based on the interpretation of facts and data. Newsweek AI is in beta. Translations may contain inaccuracies—please refer to the original content. Crypto markets have always been volatile. For years, we've blamed speculation, low liquidity and hype cycles for the whiplash pricing of altcoins (crypto tokens outside of the leading digital assets Bitcoin, Ethereum and Solana). But there's an opaque force that exerts just as much influence: private market-making agreements. These deals often determine which tokens thrive and which collapse. And over the years, there have been far more failures than successes. Now, Wall Street firms are accelerating their exposure to crypto, investing in increasingly fringe assets and even adding them to corporate treasuries. Public companies Strategy (MSTR) and Metaplanet (3350.T) have amassed holdings of nearly $73 billion and $2 billion, respectively, and scores of other corporations have followed suit. These companies are stepping into markets governed not by transparent rules or familiar oversight, but by unseen, off-chain contracts. A failure to understand how crypto market-making works will distort valuations, mislead investors and potentially spark a backlash that could ripple across both Web3 and traditional finance. From left: Summer Mersinger, CEO, Blockchain Association; Sarah Reilly, vice president and senior tax counsel, Fidelity Investments, Alison Mangiero, head of staking policy and industry affairs, Crypto Council for Innovation; Jason Somensatto, director of policy,... From left: Summer Mersinger, CEO, Blockchain Association; Sarah Reilly, vice president and senior tax counsel, Fidelity Investments, Alison Mangiero, head of staking policy and industry affairs, Crypto Council for Innovation; Jason Somensatto, director of policy, Coin Center; and Corey Frayer, director of investor protection Consumer Federation of America, at the witness table during a House Ways and Means Oversight Subcommittee hearing on "Making America the Crypto Capital of the World: Ensuring Digital Asset Policy Built for the 21st Century" on Capitol Hill on July 16, 2025, in Washington. More AP Photo/Rod Lamkey Jr. I've Seen Behind the Market-Making Curtain Most people assume altcoins are volatile because they're illiquid or built on shaky fundamentals. That's partly true. But what's often overlooked is the influence of market makers—the firms responsible for ensuring there's enough liquidity to buy and sell these tokens in the first place. Unlike their Wall Street counterparts, crypto market makers operate with little to no regulatory oversight. Their agreements are not public. There are no standardized disclosures, no audit trails and no governing body to hold them accountable. Over the past decade, I've helped structure and manage market-making relationships at two of the largest global crypto exchanges, AscendEx and Gemini. I've also led FBG Capital, one of the major market-making firms in the space. Today, I run Forgd, a platform that helps token projects track market maker performance and negotiate better terms. Here's what I've seen: Most token founders are builders, not traders. They lack the financial background to assess how these contracts function, or how damaging they can be when incentives are misaligned. The result is often a one-sided deal, disguised as a liquidity solution, that leaves the project exposed and retail investors misled. The most common—and most problematic—structure is known as the "loan + call option" agreement. The Deal That Quietly Derails Crypto Tokens In a "loan + call option" agreement, a project lends its native tokens to a market maker, who agrees to provide liquidity. In return, the market maker receives call options: the right, but not the obligation, to repay those token loans in U.S. dollars, at a set strike price. If the token's price spikes, the market maker cashes in, buying tokens at a steep discount and selling into the rally. But even if the token flounders, the market maker may still profit by selling the borrowed tokens early, withdrawing support, or shorting the asset outright. The project suffers, but the counterparty walks away profitable. If this happened in traditional equity markets, it would be a scandal. Imagine a company IPO'ing on the NYSE, while a private actor had a backroom deal to dump discounted shares—without any disclosure to the public. Equities have protections for this exact reason. The Securities Exchange Act of 1934 outlines clear boundaries designed to prevent manipulation during public offerings: Regulation M governs stabilization activity and passive market making, helping to ensure that prices aren't artificially inflated, while Rule 10b-18 provides a safe harbor for stock buybacks, shielding companies from accusations of market manipulation when repurchasing their own shares. Crypto has no equivalent safeguards. And as more institutional capital enters the space, this lack of structure is becoming a systemic risk. Wall Street Is Next It's no longer just crypto-native funds or retail investors buying these assets. We're now seeing mainstream firms and institutional allocators adding altcoins to their balance sheets, sometimes without full visibility into how these markets actually function. That's dangerous. When token prices are being influenced by off-chain, through asymmetric contracts that no one outside the deal has access to, it undermines the integrity of the asset and misleads downstream investors. A market's fundamentals might appear sound, when in fact they're propped up by short-term gamesmanship and opaque incentives. If left unchecked, this could discredit digital assets at a moment when they're finally being taken seriously. It also opens the door to backlash from regulators and shareholders if firms suffer losses tied to undisclosed risk mechanics they never knew existed. For crypto to mature as a credible, investable asset class, we need to bring these agreements out of the shadows and into the realm of professional accountability. Founders need tools to benchmark proposed deals, simulate different scenarios, and negotiate on informed terms. Regulators, fund managers and institutional allocators should insist on basic transparency before engaging with new assets. At a minimum, every market-making arrangement should include standardized disclosures that outline the structure of the agreement governing liquidity. These disclosures should make clear whether call options are involved, specify the strike prices and loan tenor associated with those options, and describe any hedging policies that may impact token performance. Without this level of transparency, investors and project teams are left to navigate blind, with little understanding of the dynamics shaping token markets. These are table stakes. Without them, we're asking sophisticated firms to operate in the dark, and exposing retail investors to risks they never signed up for. If digital assets are going to sit on the balance sheets of public companies, the rules that govern those assets can't be locked behind NDAs. They need sunlight, structure and scrutiny. Otherwise, we risk importing the worst parts of crypto into the heart of Wall Street—and learning too late that we could have done better. Shane Molidor is the founder and CEO of Forgd, a token advisory and optimization platform that provides seamless access to essential tools for blockchain projects.
Yahoo
4 hours ago
- Yahoo
XRP, Ethereum Lead Crypto Market Rebound as Trump Reignites Trade War
Altcoins XRP and Ethereumer are leading the cryptocurrency rebound following a mostly red week, as President Trump reignites his global trade war. XRP and ETH have risen the most among the top 10 cryptocurrencies by market cap, per CoinGecko, climbing 4.5% and 2.7% respectively on the day. It comes as the odds that an XRP ETF will be approved before Litecoin have widened to 64%, according to Myriad Market predictors. Ethereum is now down just 27% from its all-time high of $4,878.26, according to CoinGecko. As such, users on Myriad Markets believe there to be a 54.4% likelihood that ETH sets a new all-time high this year. (Disclosure: Myriad is a prediction market developed by Decrypt's parent company DASTAN.) Leading the rebound is Ethereum-based stablecoin DeFi protocol Ethena, which has climbed 10.8% over the past 24 hours. Just behind Ethena is layer-1 blockchain Stellar, which has jumped 8.1%, Injective up 5.9%, and Solana meme coin BONK 5%. Despite the daily green candles, all the aforementioned cryptocurrencies are still in the red over the past week. On Thursday, President Trump renewed his global trade war by slapping dozens of U.S. trading partners with tariffs. The list of regions impacted includes China, Canada, the European Union, Mexico, and the UK. The new tariffs range from 10% to 41%. Bitcoin Creator Satoshi Nakamoto Statue Recovered from Lake Lugano After Vandalism In response the S&P 500 tanked 3.33% from Thursday high into Friday. Bitcoin and Ethereum dropped 2.1% and 3.8%, respectively, with XRP and Solana posting similar losses on the day. However, as a new week dawns, the crypto market beginning its rebound. As a whole, the global crypto market cap has risen just shy of 1% on the day, with Bitcoin, BNB, and Solana trading flat. The biggest loser, at the time of writing, is Hyperliquid, which is currently trading 4% than it was this time yesterday. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
