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via Decrypt · By Decrypt Editorial
Wall Street Is Coming for Hyperliquid's Perps Crown, Arthur Hayes Says
HYPE
HYPE/USDT
$53.436
-2.68%
$53.436
-2.68%
(24s)24h Volume
$550,425,872.51
24h H/L
$55.55 / $52.91
Change: $2.64 (4.99%)
Funding Rate
+0.0043%
Longs pay
Data provided by COINOTAG DATALive data
DE
Decrypt Editorial(03:48 PM UTC)
1 min read
In brief
- Arthur Hayes warned that Hyperliquid's use of trading fees to burn tokens exposes the protocol to market share losses.
- Less than two months after predicting HYPE would hit $150, BitMEX co-founder Arthur Hayes liquidated his entire position.
- Despite Hyperliquid securing $3 billion in real-world asset open interest, Hayes anticipates fierce competition from Wall Street.
Hyperliquid has…
COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.
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