Hyperliquid Lists AXS/USDC Perpetual Contracts with 5x Leverage as AXS Surges 52%

Hyperliquid launched AXS/USDC perpetual futures with maximum 5x leverage on Jan. 18, BlockBeats reports. HTX data show AXS traded at $2.06 with a 24-hour gain of 52.2%, leading the market. Axie Infinity announced the launch of bAXS, a non-transferable token backed 1:1 by AXS and linked directly to user accounts, aiming to reduce inflationary rewards for genuine players.