If you told me a year ago that BTC would fall by -43% and that HYPE would be up +74%, I would have not believed you.
But thanks to new features like PM & HIP-4, @tradexyz's success with RWA perps, and a DAT bid from TradFi, Hyperliquid has proved that not every coin follows BTC.
One of the reason $NVDA cannot be outcompeted is that they secure so much capacity (if not all capacity) at so many critical suppliers for their chips that nobody could replicate Nvidiaβs scale
@TheShortBear I donβt get it why you are so obsessed with Ethereum when there is Hyperliquid.
Take a look at what they are building
So much more interesting
I spent the past few days in Washington with @hyperliquidpc meeting with policymakers during the historic advancement of the Clarity Act. We discussed Hyperliquid, the benefits that it offers to American consumers, and the regulatory path to bring onchain derivatives markets into the United States.
Some conversations were technical with an impressive baseline understanding of Hyperliquid. Discussions included how onchain trading is a financial innovation that has clear global user demand. Other conversations focused more on a first principles introduction to defi and the promise of onchain markets. It was encouraging to see bipartisan support for thoughtful regulation of crypto. I look forward to continuing discussions in DC and working hard to make American access to Hyperliquid a reality.