Hyperliquid Jumps 3.31% to $31.89 as HASH Slides — Daily Movers Mar 2

Hyperliquid jumped 3.31% to $31.89, topping the gainers chart, according to CoinGecko data. Provenance Blockchain led the downside with a 10.76% drop to $0.0157 as decliners outpaced risers among larger caps. Rounding out the winners were MemeCore, LEO Token, Ondo US Dollar Yield and Beldex, while Decred, Pepe, Toncoin and Render lagged.

Top Gainers

Hyperliquid (HYPE) rose 3.31% to $31.89, lifting its market capitalization to $7.60B. The token powers Hyperliquid, a decentralized derivatives venue built around an order book model and onchain settlement. Perps-focused platforms have seen persistent trader interest, keeping attention on exchange tokens tied to liquidity and fee capture. Liquidity depth and funding dynamics often steer flows in this corner of the market, and HYPE tracked that bid today.

MemeCore (M) added 2.68% to $1.51, bringing its market cap to $2.62B. M is the native token of the MemeCore ecosystem. No specific news has been tied to the move. The advance came alongside a mixed session for higher-beta tokens.

LEO Token (LEO) advanced 1.71% to $9.14, with a market cap of $8.42B. LEO is the utility token for iFinex, offering trading fee discounts and other benefits on Bitfinex. The token’s supply is subject to a buyback-and-burn mechanism funded by iFinex revenues. The steady uptick tracked a mild bid for exchange-linked assets.

Ondo US Dollar Yield (USDY) inched up 1.04% to $1.12, valuing the token at $711.83M. USDY is an Ondo Finance product that tokenizes U.S. dollar yield exposure, designed to provide onchain access to yield-bearing instruments. Traders pointed to broader altcoin rotation as stable-value assets posted small premiums. The move kept USDY above par while maintaining its core yield narrative.

For further background, see: Hyperliquid bondit de 14,07 % alors que les altcoins s'envolent — Mouvements quotidiens du 1er mars.

Beldex (BDX) gained 1.00% to $0.0804, lifting market cap to $611.60M. BDX underpins a privacy-focused network with a masternode architecture and tools aimed at confidential transactions. The asset often moves independently from large-cap cycles given its niche. Today’s incremental climb extended a period of range-bound trading.

Top Losers

Provenance Blockchain (HASH) fell 10.76% to $0.0157, putting its market capitalization at $865.71M. HASH fuels Provenance, a chain geared toward financial services, asset tokenization, and onchain banking workflows. The slide erased recent gains as sellers pressed the bid in afternoon trading. Liquidity pockets around prior support gave way, accelerating the drawdown.

For further background, see: La Blockchain Provenance Bondit de 5,65% avec la Montée des Tokens adossés à l'Or — Mouvements du 28 Février.

Decred (DCR) retreated 7.82% to $30.51, with market cap at $529.41M. Decred combines proof-of-work and proof-of-stake for governance and security, backed by a community treasury. The drawdown marked a rejection of intraweek strength near resistance. Volatility for governance-focused coins remained elevated relative to majors.

Pepe (PEPE) dropped 7.63% to $0.000003, bringing its market cap to $1.45B. The frog-themed memecoin trades with high beta to risk appetite and liquidity cycles. A pullback in momentum names pressured PEPE after recent speculative bursts. Funding and open interest resets often amplify swings in this segment.

See also: Decred bondit de 17,93% et mène les gains des altcoins — Mouvements du jour 27 février.

Toncoin (TON) slipped 7.01% to $1.20, valuing the network at $2.94B. TON is tied to The Open Network, which pursues high-throughput payments and applications with ties to Telegram’s ecosystem. The selloff reflected risk-off flows into larger caps and stables during the session. Prior support levels offered limited cushion as volumes thinned.

Render (RENDER) declined 6.04% to $1.36, with market cap at $704.93M. Render powers a decentralized GPU rendering marketplace for artists and AI workloads. After a strong multi-week run, the token faced profit-taking as appetite cooled for compute-linked assets. The retrace aligned with reduced bid depth across mid-cap infrastructure names.

Market Outlook

Dispersion widened today, with the top gainer up 3.31% while the biggest loser shed 10.76%. Gains skewed modest, led by exchange and utility names, as the downside clustered in tokens sensitive to liquidity and momentum.

Into the week, watch Bitcoin’s range for cues on alt liquidity, and monitor any scheduled macro prints such as U.S. labor data for volatility spillover. Headlines around exchange listings, derivatives funding shifts, or protocol upgrades could quickly reprice the winners-and-losers board.