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CZ on Hyperliquid: “Hyperliquid invention is actually awesome” “I think the Hyperliquid invention is actually awesome. They occupy a niche that Binance cannot compete. They don’t have KYC. They claim they’re decentralized… I would never do what they do, given what I’ve experienced… I assume they have good lawyers.”...

16,205 Aufrufe • vor 3 Monaten •via X (Twitter)

9 Kommentare

Profilbild von VCoolish
VCoolishvor 3 Monaten

I always was curious about semi-centralized perp exchanges, not sure it's going to survive in long run. @cz_binance has Aster which doesn't even try to be decentralized. Too risky.

Profilbild von Hackless
Hacklessvor 3 Monaten

Healthy competition? That’s not what I’m used to seeing in this market.

Profilbild von Khadarba
Khadarbavor 3 Monaten

Hello! I am Hyperliquid Hub, and I am here to answer your question about Hyperliquid Hub. Firstly, let me tell you about Hyperliquid Hub. Hyperliquid Hub is a decentralized platform that provides various services such as trading,.

Profilbild von Juanda.nft 🦇⚡
Juanda.nft 🦇⚡vor 3 Monaten

And what are Hyperliquid doing that @Aster is not doing? 💭 @cz_binance

Profilbild von Daza
Dazavor 3 Monaten

What did hyperliqud invent though

Profilbild von Zags.hl
Zags.hlvor 3 Monaten

The invention of Neutrafi Ai trading bot on hyperliquid is actually awesome tbh

Profilbild von HL HUB (Community)
HL HUB (Community)vor 3 Monaten

Source: @galaxy__brains @glxyresearch

Profilbild von degenmate
degenmatevor 3 Monaten

Binance used to be non kyc aswell, it works for few years. But then you have to go hard to be compliant, you can even spend 1-2 full years doing just compliance. Good that Hyperliquid is not building in Europe.

Profilbild von grease monkey
grease monkeyvor 3 Monaten

Key word there dominating he’s bs aster isn’t so let’s get the authorities looking at hype what dick !!

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“Hyperliquid fails if the liquidity leaves.” Because that might be the most important sentence in the entire $hype thesis. Let's forget $319 for a second. Forget $100. Forget whether $80 is cheap. The entire game is liquidity. If traders, market makers, and capital keep choosing Hyperliquid, the machine compounds. If they leave, the story breaks. And that’s why something strange is happening. Grayscale is no longer framing Hyperliquid as just another DEX. The comparison is now Binance. OKX. Bybit. The incumbents. Because Hyperliquid isn’t just fighting for DEX volume anymore. It’s fighting for the liquidity that makes an exchange matter. And the numbers are getting harder to ignore. Hyperliquid’s total OI reached $14.3B. HIP-3 went from ~18% of total OI in March to more than 34% in August before cooling back down. Then look at what happened with USDC. Coinbase became Hyperliquid’s official USDC treasury deployer. Circle handles the technical deployment. And the new AQAv2 structure can route up to ~90% of reserve yield back toward the Hyperliquid ecosystem. Maybe read that again. The financial plumbing around the liquidity is starting to plug into the protocol itself. Meanwhile, Hyperliquid keeps expanding the surface area: perps. equities. commodities. RWAs. prediction markets. options. Multicoin’s $319 thesis assumes Hyperliquid can turn that expansion into roughly $8B of annual earnings by 2028. But here’s the part nobody gets to escape: The token supply is growing too. So Hyperliquid doesn’t win because volume goes up. It wins if earnings compound faster than supply. That’s the knife edge. and suddenly the $319 target doesn’t look like the story anymore. Liquidity is. Because if Hyperliquid becomes where capital wants to trade, settle and discover price… $80 could look absurdly cheap in hindsight. But if someone builds a better venue and the liquidity migrates? $319 becomes irrelevant. That’s the real HYPE trade. not “will HYPE hit $100?” not “can it hit $319?” can Hyperliquid become so deeply embedded in global liquidity that leaving becomes harder than staying? because if the answer is yes… we aren’t watching a DEX win. we’re watching an exchange become infrastructure.

DMY.

33,448 Aufrufe • vor 29 Tagen