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We asked Flood about his dynamic relationship with Arthur Hayes on Hyperliquid. "People fundamentally misprice Hyperliquid and Arthur is one of the people who actually has the best pricing and probably the most edge" 🦣 "The global perpetual swap market is anywhere from $20-30 billion in revenue a year,... show more

The Rollup

49,187 subscribers

83,293 views • 1 year ago •via X (Twitter)

Finance Science & Technology

Anya Rossi• Live Now

Private livecam show

8 Comments

Bob1 year ago

@CryptoHayes @ThinkingUSD @HyperliquidX 🚀

Lark Davis1 year ago

A smart man turned $12K into $15M by buying FARTCOIN at $83K market cap. He aped into $ai16z with $3K and is currently sitting on $1.7M realized and $16.6M in unrealized profits. Subscribe now and join 130K+ investors prepping for the next big cycle.

🪶Dulumu²🪶1 year ago

@CryptoHayes @ThinkingUSD @HyperliquidX Founder? You mean co-founder?

Teton County Sheriff1 year ago

@CryptoHayes @ThinkingUSD @HyperliquidX Powered by Celestial (hated by @ThinkingUSD)

fullsend1 year ago

@CryptoHayes @ThinkingUSD @HyperliquidX LFG $HYPE

willow1 year ago

@ThinkingUSD @CryptoHayes @HyperliquidX so price target for HYPE?

Heaven Sent Capital1 year ago

@ThinkingUSD @CryptoHayes @HyperliquidX Thinkingusd 🤣

f4nky 🐙1 year ago

@ThinkingUSD @CryptoHayes @HyperliquidX wheres a full interview?

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Arkansas farmer: It's a far cry from what we need. Just the loss in corn this year was over $16 billion. The loss in soybeans is around $11 billion. Cotton and rice are even bigger losses than that. $12 billion is not going to make up for this one year.

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Hyperliquid ($HYPE) is up to $14 and $4.8 billion market cap. Flood came on the show and gave his estimated price target for the next 12 months. (We're not close) Watch 👇👇

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Introducing: A real-time analytics dashboard for tracking the performance and dominance of Hyperliquid. brings the full picture of Hyperliquid into one dashboard. $HYPE economics, HIP-3, HIP-4, builder activity, and more. • $HYPE economics in real time: price, fees, revenue, supply burned, AF buybacks, TWAPs, the unstaking queue, validator economics • Hyperliquid market share against every major perp DEX, L1, and CEX | by volume and open interest • Full coverage of HIP-1, HIP-3, and HIP-4 | live deploy auctions, deployer rankings, pre-IPO perps, trade.xyz vs TradFi volumes, weekend RWA mission control, and outcome markets • Wall Street on Hyperliquid | HYPE spot ETFs (BHYP, THYP), the full ETF filing pipeline, every digital-asset-treasury company tracked against BTC/ETH/SOL incumbents, and HL revenue/FDV/P/E vs HOOD, NDAQ, CME, ICE, IBKR • Builder code revenue and HyperEVM activity, tracked in detail • Live capital migration into Hyperliquid from every chain • Stablecoin growth on Hyperliquid, across both HyperCore and HyperEVM • Yield on Hyperliquid | APRs, TVLs, and strategies for every lending market, LST, LP, and vault, HLP included • ~200 ecosystem projects indexed and searchable through a unified command palette. Native localization in English, Chinese, Japanese, Korean, Russian, Spanish, French, Vietnamese, Indonesian, Malay, and Hindi is a public good for the Hyperliquid community. Built to make the underlying of Hyperliquid easy to understand, and its growth simple to share. Hyperliquid.

Introducing: A real-time analytics dashboard for tracking the performance and dominance of Hyperliquid. brings the full picture of Hyperliquid into one dashboard. $HYPE economics, HIP-3, HIP-4, builder activity, and more. • $HYPE economics in real time: price, fees, revenue, supply burned, AF buybacks, TWAPs, the unstaking queue, validator economics • Hyperliquid market share against every major perp DEX, L1, and CEX | by volume and open interest • Full coverage of HIP-1, HIP-3, and HIP-4 | live deploy auctions, deployer rankings, pre-IPO perps, trade.xyz vs TradFi volumes, weekend RWA mission control, and outcome markets • Wall Street on Hyperliquid | HYPE spot ETFs (BHYP, THYP), the full ETF filing pipeline, every digital-asset-treasury company tracked against BTC/ETH/SOL incumbents, and HL revenue/FDV/P/E vs HOOD, NDAQ, CME, ICE, IBKR • Builder code revenue and HyperEVM activity, tracked in detail • Live capital migration into Hyperliquid from every chain • Stablecoin growth on Hyperliquid, across both HyperCore and HyperEVM • Yield on Hyperliquid | APRs, TVLs, and strategies for every lending market, LST, LP, and vault, HLP included • ~200 ecosystem projects indexed and searchable through a unified command palette. Native localization in English, Chinese, Japanese, Korean, Russian, Spanish, French, Vietnamese, Indonesian, Malay, and Hindi is a public good for the Hyperliquid community. Built to make the underlying of Hyperliquid easy to understand, and its growth simple to share. Hyperliquid.

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87,883 views • 1 month ago

ANTHROPIC HAS SURPASSED OPENAI IN REVENUE In April 2026, Anthropic reached a $30 billion annualized revenue run rate, ahead of OpenAI’s roughly $25 billion. The company’s annualized revenue grew from around $9 billion at the end of 2025 to $14 billion in February and $30 billion just two months later, driven by strong enterprise adoption of Claude. Unlike OpenAI, which generates much of its revenue through ChatGPT, Anthropic’s business is heavily focused on enterprise and developer customers.

ANTHROPIC HAS SURPASSED OPENAI IN REVENUE In April 2026, Anthropic reached a $30 billion annualized revenue run rate, ahead of OpenAI’s roughly $25 billion. The company’s annualized revenue grew from around $9 billion at the end of 2025 to $14 billion in February and $30 billion just two months later, driven by strong enterprise adoption of Claude. Unlike OpenAI, which generates much of its revenue through ChatGPT, Anthropic’s business is heavily focused on enterprise and developer customers.

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14,610 views • 12 days ago

Aster has now seen $1.26 trillion in cumulative perps volume... Since launch, leading perp DEX Aster 🥷 has seen an incredible $1.261 trillion in total trading volume. Indeed, in the last 30 days alone, $ASTER has driven a full $48.3 billion in perps volume, according to data from DefiLlama at time of writing. The platform appears to have cemented itself as the second largest perp DEX in the industry. Can it compete with Hyperliquid?

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15,097 views • 1 month ago

Ansem & Banks share their thoughts on Hyperliquid Ansem: “I think Hyperliquid is one of the most important applications not just in Crypto but also globally right now” Banks: “I own a ton of HYPE too, Jeff is the goat” Ansem: “It’s just a much better way for retail to speculate on assets other than options. I think perps are a way better product than options and in the future we’ll see that play out”

Ansem & Banks share their thoughts on Hyperliquid Ansem: “I think Hyperliquid is one of the most important applications not just in Crypto but also globally right now” Banks: “I own a ton of HYPE too, Jeff is the goat” Ansem: “It’s just a much better way for retail to speculate on assets other than options. I think perps are a way better product than options and in the future we’ll see that play out”

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14,936 views • 2 months ago

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Elon Musk's biggest competitor is secretly paying him $1.25 BILLION per month. SpaceX just revealed its financials for the first time in 23 years of existence. And buried deep in the S-1 is a detail that changes how you should think about the entire AI race. Anthropic, the company building Claude, the company that positions itself as OpenAI's biggest threat, the company valued at over $100 billion, is paying SpaceX $1.25 billion EVERY SINGLE MONTH for compute capacity through May 2029. That is $15 billion a year flowing directly from Elon's top AI competitor into Elon's bank account. Think about what that means: Every time Anthropic trains a new model, improves Claude, or lands an enterprise customer, a massive chunk of that revenue goes straight to the guy who owns the competing AI product. Anthropic is literally funding the war against itself. And that's just the beginning of what this filing reveals... The entire SpaceX IPO is structured around a bet most people haven't figured out yet. In 2025, SpaceX spent $20 billion in capex. 60% of that, roughly $12 billion, went to AI infrastructure. Rockets and satellites got the leftovers. In Q1 2026 alone, $7.7 billion out of $10 billion in total capex went to AI. The "rocket company" is spending like an AI company. Meanwhile, xAI, the division that houses Grok, generated $3.2 billion in revenue for the full year of 2025. But its R&D costs TRIPLED to $5 billion. It's burning cash at a pace that would have destroyed it as a standalone company. Which is exactly why Elon merged it into SpaceX two months before filing the IPO. And Starlink is the engine that makes the whole thing work: $11.4 billion in revenue, $4.4 billion in operating profit, and 10.3 million subscribers across 164 countries. It's one of the most profitable subscription businesses on the planet right now. But the average revenue per user DROPPED from $99 per month in 2023 to $66 per month in March 2026. Subscribers quadrupled but each one is paying a third less. Starlink is growing by getting cheaper. SpaceX has lost $37 BILLION since it was founded. Net loss in 2025 was $4.9 billion. This is a company that has never turned an annual profit in 23 years of operation, and it is about to IPO at a $1.75 trillion valuation. And the total addressable market SpaceX claims in the filing is $28.5 trillion. That is a QUARTER of global GDP. So here is what investors are actually buying when this IPO prices: They are buying the most profitable satellite internet business in history, stapled to an AI lab that is burning cash, wrapped inside a Mars colonization pitch that requires building a permanent city on another planet, funded by monthly billion-dollar payments from a direct competitor who has no other option for compute at that scale. This is the kind of thing only Elon could pull off.

Ricardo

208,495 views • 1 month ago