Wall Street Is Coming for Hyperliquid's Perps Crown, Arthur Hayes Says

HYPE

HYPE/USDT

$93.30

+1.41%

$93.30

+1.41%

(24s)

24h Volume

$1,248,622,402.25

24h H/L

$94.88 / $90.66

Change: $4.22 (4.65%)

Funding Rate

-0.0037%

Shorts pay

Data provided by COINOTAG DATALive data

HYPE

Daily

$92.86

▲ 0.79%

Volume (24h): -

Resistance Levels

Resistance 3$94.88

Resistance 2$94.4261

Resistance 1$93.268

Price$92.86

Support 1$92.272

Support 2$91.1411

Support 3$89.63

Pivot (PP):$92.5567

Trend:Sideways

RSI (14):0.0

Decrypt Editorial

(03:48 PM UTC)

1 min read

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…