Hyperliquidated price

What made $HYPE a success? If I had to answer in one line it would be, @HyperliquidX built something different in DeFi. Here’s a detailed explanation (in 7 points)👇 1/ While most projects (including derivative exchanges) use existing chains, they created their own L1 specifically for trading. 2/ Hyperliquid processes everything (order matching, clearing, liquidations) directly on their own chain using HyperBFT consensus. 3/ This eliminated common DeFi trading problems like slow execution, MEV extraction & dependency on external infra. 4/ Most importantly, people actually trade here daily. ✅ $14B mcap (334M of 1B total circulating) ✅ $540M TVL ✅ $400M+ avg daily DEX volume, ✅ Leading perDEX (10B avg perps volume daily) by open interest (15.1%). 5/ $HYPE tokens get weekly revenue distributions from platform fees when staked. The revenue sharing is live (Token utility connects directly to protocol success). 6/ No major technical incidents since launch (Custom consensus algorithm handles financial workloads better than general purpose chains). 7/ Competes with dYdX, GMX, Aevo but owns the entire stack. While others depend on Ethereum, Arbitrum etc, Hyperliquid controls their destiny. @HyperliquidX isn't riding narratives. They built working infra, have real revenue & users who trade billions monthly. Whether $HYPE is overvalued short term is debatable. Longterm, specialized chains for specific use cases make sense as DeFi matures.

Coins on my radar today: $ETH 🔸 $HYPE 🔸 $BNB $SOL 🔸 $AAVE 🔸 $SUI What are you targeting? I read you 👇

The bear case for $HYPE is important to take note of albeit not very convincing: 1. Massive unlocks of $10M per day from Nov 25th onwards 2. Ecosystem for $HYPE isn't thriving as much as @solana . $SOL has been attracting builders and developers since 2020 which is really hard to replicate 3. $41B FDV seems to be fair value if you're considering what @Hyperliquidx is at it's core, a perp dex

The problem of working on an asset denominated in the best asset in crypto, particularly in the early days, is that… you’re denominated in the best asset in crypto. Guess what - if you’re early and right, you now have to compete “against” the value of the best asset in crypto. We call this the Bitcoin ordinals problem. Why would you spend Bitcoin on Bitcoin art today when you think Bitcoin is going to go to seven figs? Only if you don’t really care to make money or think you can flip it over a shorter timeframe. Bitcoin as a more mature asset, that actually is pretty plausible and we saw it with many collections. In Hypio’s case, you have to get your own subjective (and objective - think boosts, airdrops, networking) value out of it during these times when $HYPE rage pumps. Hype is now in a Schrödinger’s cat situation where it like either flips Cardano and then Solana etc or it chills and ranges, maybe lower. Both cases are hard to be denominated in Hype here. Because no one has enough Hype. I’m proud that one of the pillars of this project has been evangelizing the Hype token itself. We’ve told many people, don’t just hold Hypios - hold Hype. And for many people, their first real Hype position has been from selling one or more of their Hypios. That’s beautiful. We’re here to win over a long period of time, just like Hyperliquid. And a big part of what we do is help our holders find ways to win, again and again and again, on Hyperliquid. Hypio World Order

Pump dot fun is hated for good reasons. No more sh*tcoins should suck the liquidity meant for Altcoins. Utility season will be here. We have already seen the glimpse. $KTA +748% $POKT +544% $ZBCN +400% $HYPE +280% But this is not enough for Altseason. Such gains will be normal for most projects soon. These are the top performing Altcoins since Bitcoin made its bottom at $76k. Good performance by a couple of projects but to be honest, this is nothing. In a real utility season, all top Alts should move like this post Bitcoin's pump but those moves were not possible with the oversaturation of the market with memecoins. 💠 WHY CRYPTO BROS HATE PUMP FUN? Platforms like Pump fun made it effortless to launch memecoins on Solana with just 0.2 SOL and a catchy name, and you were live. On the surface, it felt like "decentralized freedom." But under the hood, it became a toxic cycle of capital rotation. By late 2024, over 3.85 million memecoins were created, yet fewer than 2% even crossed the $69k market cap to get listed on Raydium. What does that mean? 98% of tokens ended as exit liquidity, rug pulls, or pure noise, distracting and draining capital from genuine altcoin projects that actually solve problems. The result? Memecoins became the black hole of altcoin liquidity. While memes mooned and crashed in a matter of hours, altcoins with real tech were left gasping. No innovation, no user base, no value creation, just hype, rinse, and repeat. 💠 BRIGHT FUTURE FOR ALTCOINS The worst of the pump dot fun mania may finally be behind us. And with that, the liquidity dam may break open again for real builders. We might just be entering the most bullish phase for altcoins in years. Where attention shifts from memecoins to utility. Time to build. Time to rotate. Time for real altcoins to shine again.