Arthur Hayes：下周将公布FLOP空投分配方式。

Is Hyperliquid's PumpFun coming?

Moving beyond abstract technical expressions to map out the strategic landscape of the on-chain leader.

Fee revenue is flowing out in large volumes, while HYPE buybacks have notably weakened.

The potential “black swan” event for long HYPE positions is TradeXYZ's departure.

更早、更广的价格发现有价值，也有代价

Having Missed the World Cup, Hyperliquid Faces an Uphill Battle in Cultivating the Next Trade.xyz in Prediction Markets.

Ventuals Shuts Down: On-Chain Pre-IPOs for High-Profile Tech Stocks Are Not All Good Business.

CME, Binance, and NYSE/ICE are advancing 24/7 trading for traditional assets, potentially competing for liquidity on Hyperliquid’s TradFi offerings.

Escalating Pre-market Contract Competition: Clearer Product Rules Matter More Than Listing Speed.

Who is the on-chain Robinhood and Interactive Brokers?

"My basic analogy for Hyperliquid is Tether to Circle. The non-KYC or international market in crypto is very large and can absolutely support a massive network."

Offending the CME is scarier than offending Binance

Hyperliquid has become what Solana always aspired to be.

One of the most surprising stories in the crypto industry over the past two years originates from a small team based in Singapore, which consistently maintained a staff of just over a dozen people. This company, founded only three years ago and now valued at tens of billions of dollars, never took a single penny of venture capital. Last year, 11 employees generated over $900 million in profit, making it one of the highest-profit-per-employee companies on the planet.

The HYPE token has risen approximately 150% year-to-date, significantly outperforming Bitcoin over the same period.