Despite the market volatility that has sent most altcoins tumbling, Hyperliquid (HYPE) has stood out with a 2.7% monthly gain, indicating that new money is pouring in. At the time of writing, HYPE is trading around $38.26, with its market capitalization up 6.7% to $13.9 billion. Notably, trading volume has also surged by 57.58%, reflecting strong investor participation. Amidst the struggles of risky assets, HYPE has continued to attract strong buying interest in both the spot and derivatives markets.