DEXE experienced a catastrophic 83.08% drop in the last 24 hours — one of the largest single-day crashes in crypto history. The token fell from its all-time high of $48.85 (recorded just nine days ago on July 13) to $6.10. Joining it on the losers’ podium are Bonk (-5.25%) and Hyperliquid (-2.36%).
DEXE — A Crash That Reminds of the Titanic
DEXE is a decentralized autonomous organization (DAO) protocol that enables the creation and management of DeFi funds. Think of it as a collective investment fund on the blockchain — users pool funds and vote on strategies.
But what happened in the last 24 hours has nothing to do with governance. The token lost over 83% of its value in a single day. Trading volume of $226 million suggests mass selling — possibly a token unlock, a large holder liquidation, or panic selling after rumors. The ATH of $48.85 was reached only nine days ago, making this crash even more dramatic.
Price: $6.10 | 24h change: -83.08% | MCap: $285M | 24h volume: $226.2M | ATH: $48.85 (Jul 13, 2026) | ATL: $0.67
Bonk — Solana’s Darling Keeps Bleeding
Bonk is Solana’s meme coin that sparked mania on the network in early 2024. The name comes from the onomatopoeia for a hit — which is fitting, because the market keeps hitting the token. Down 5.25% in the last 24 hours, Bonk continues a multi-week downtrend.
Trading volume of $51 million is not negligible, but a price of $0.000003 shows Bonk is far from its glory days of 2024 when the ATH reached $0.000047 and Solana enthusiasts bet it would “become the next Dogecoin.” The meme coin market is merciless.
Price: $0.000003 | 24h change: -5.25% | MCap: $263.7M | 24h volume: $51M
Hyperliquid — Mild Dip for the Perp Giant
Hyperliquid is the largest perpetual DEX on Arbitrum. It’s a leveraged trading platform that reached nearly $14 billion in market cap this year — making it one of the most valuable DeFi projects overall.
A 2.36% drop compared to DEXE’s 83% sounds almost insignificant. But with a market cap of $13.5 billion and trading volume of $352 million, any HYPE move echoes through the entire DeFi ecosystem. The dip is attributed to general profit-taking after several days of growth — caution rather than panic.
Price: $60.86 | 24h change: -2.36% | MCap: $13.5B | 24h volume: $352.6M
Disclaimer: This is not financial advice. Cryptocurrencies are extremely volatile and risky. Always do your own research before investing.
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