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Hyperliquid Contract Tied to CoreWeave Trades Between $46.60 and $55.61

CoreWeave's third-quarter revenue reached $3.661 billion, about 168% above its year-earlier level, while the company posted a $709 million net loss.

Updated 1 min read
The CoreWeave headquarters stands along West Mount Pleasant Avenue in Livingston, New Jersey. / TokenPost.ai
The CoreWeave headquarters stands along West Mount Pleasant Avenue in Livingston, New Jersey. / TokenPost.ai

A Hyperliquid contract tied to CoreWeave traded across a $9.01 range around the company's third-quarter results, which paired rapid revenue growth with a $709 million net loss.

Third-quarter revenue reached $3.661 billion, a year-over-year gain of about 168%. For the full year, CoreWeave lifted its revenue outlook to a range of $13 billion-$13.3 billion. It projected fourth-quarter interest expense at $1.05 billion-$1.15 billion.

A later snapshot listed the contract's mark price at $55.07. During the trading window, it reached a low of $46.60 and a high of $55.61; it had been quoted at $49.23 before the earnings announcement and later traded at $54.

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