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via Decrypt · By Decrypt Editorial
Wall Street Is Coming for Hyperliquid's Perps Crown, Arthur Hayes Says
HYPE
HYPE/USDT
$73.892
+4.62%
$73.892
+4.62%
(24s)24h Volume
$2,706,882,494.56
24h H/L
$74.52 / $68.40
Change: $6.12 (8.95%)
Funding Rate
+0.0040%
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…
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