- Hyperliquid, a decentralized exchange (DEX) specializing in perpetual futures, commands over 70% of the on-chain perps market with $1.6T in cumulative trading volume since its 2023 mainnet launch. Unlike competitors with inflated volumes, Hyperliquid’s transparent activity solidifies its dominance.
- Its unique model redirects 97% of trading fees (annualized at $700M-$1B) to buy back
HYPE tokens on the open market, driving scarcity and value accrual. While its spot market trails CEXs, future listings and lower fees are set to capture significant volume, boosting fee growth.
- The 2024 airdrop of 310M
HYPE tokens (31% of supply) to 94,000 users, valued at $7.5B+, built a tight-knit community and strong network effect. With 42% of tokens reserved for rewards, Hyperliquid’s substantial incentive pool is poised to fuel US expansion as perpetuals gain traction.
- With US interest in perpetuals surging, evidenced by Coinbase’s recent futures trading launch, and a regulatory shift toward crypto-friendly policies ( accelerated under a Trump administration), Hyperliquid’s non-KYC, low-fee platform is ideally positioned to lead.
- The launch of HyperEVM and builder codes, alongside HIP-3, empowers developers to create DeFi apps and build on top of Hyperliquid’s liquidity and seamless execution, letting projects leverage its infrastructure while retaining their users. This ecosystem growth reinforces Hyperliquid’s moat, with
HYPE targeting new highs as adoption scales.
- It's currently trading just under ATH's of $44 while BTC is trading at $106k ready to make ATH's. Targeting any bids sub $40 for long term swing trade into 100-150.
- Its unique model redirects 97% of trading fees (annualized at $700M-$1B) to buy back
- The 2024 airdrop of 310M
- With US interest in perpetuals surging, evidenced by Coinbase’s recent futures trading launch, and a regulatory shift toward crypto-friendly policies ( accelerated under a Trump administration), Hyperliquid’s non-KYC, low-fee platform is ideally positioned to lead.
- The launch of HyperEVM and builder codes, alongside HIP-3, empowers developers to create DeFi apps and build on top of Hyperliquid’s liquidity and seamless execution, letting projects leverage its infrastructure while retaining their users. This ecosystem growth reinforces Hyperliquid’s moat, with
- It's currently trading just under ATH's of $44 while BTC is trading at $106k ready to make ATH's. Targeting any bids sub $40 for long term swing trade into 100-150.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.