Hyperliquid is skyrocketing after launching its token and is now the 8th largest blockchain in DeFi despite only offering a decentralized exchange. The chain’s total value locked (TVL) surpassed $2 billion this week, overtaking both Avalanche and Sui, with its HYPE token hitting another all-time high of $16.5. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io