Jeff Yan: Hyperliquid is often seen as an exchange, but the bigger idea is that it can become financial infrastructure.
think about what AWS did for startups:
before AWS, teams had to buy servers, manage power, fix hardware, and rebuild the same backend again and again
AWS removed that pain
small teams could just build products
hyperliquid is trying to do the same thing for finance
not for servers, but for:
- liquidity
- ledgers
- deployments
- perp markets
- RWA tokenization
- financial apps
the interesting part is that liquidity compounds
when more wallets, apps, and protocols plug into the same liquidity layer, everyone gets better markets
tighter spreads
deeper books
better execution
more useful apps
so the real bet is not “hyperliquid is a good trading app”
the real bet is:
hyperliquid becomes the shared liquidity layer for onchain finance.