Hyperliquid’s stock and company-valuation markets recorded a 7.26% median weekly loss, more than double the decline in the platform’s S&P 500-mapped contract, showing broader weakness across the group.
The sample covered 33 markets with open interest above $10 million. Thirty-two ended the week lower, and only one posted a gain.
Four markets performed better than the benchmark contract, which fell 2.92%. Three of those four still closed the week down, so their outperformance came from smaller losses; the remaining one was the group’s sole gainer.
The median marks the middle result in the group, rather than a uniform loss across all 33 markets. Weakness also appeared in markets linked to semiconductor companies, AI infrastructure and some high-valuation businesses. Some popular names in the group fell more than 20% over the week.



