Integrity has always been one of Hyperliquid's core values.
The house of all finance must be credibly neutral. This means no private investors, no market maker deals, and no protocol fees to any company.
The initial state of any blockchain is a crucial part of its story that can never be erased. The original ethos of Bitcoin was a permissionless network accessible to all. Hyperliquid's genesis distribution followed this spirit, going entirely to early users with core contributors excluded. The full distribution is verifiable onchain without obfuscation.
This principle of fairness frustrates a few users and builders who are used to special treatment. It means that Labs has zero tolerance for team members with integrity yellow flags. It means we do things the hard way as a community. But the world deserves a financial system owned by the people, where fairness to all users is in the DNA. Nothing else is worth building.
Cantor Fitzgerald just released a 62-page report on Hyperliquid, HYPE, & its DATs
In their 10-year model, they estimate a 50x multiple on $5 billion in annual revenue for a HYPE market cap of $200+ billion
They initiate coverage on both PURR & HYPD with a rating of "overweight", i.e. to outperform
A really solid report that demonstrates a deep understanding of both Hyperliquid & the perp DEX landscape!
On this day in 2014, a report revealed that the CIA tortured Muslim detainees during the “War on Terror." The torture was so dehumanizing that people were likened to “dogs who had been kenneled.”
https://t.co/9RkslPyxNS
This morning, EJI announced an expansion of our multi-year relationship with Montgomery Public Schools. Our new "Reading Is Your Superpower" project will see EJI's donation of 11,000 books to MPS first and second graders.
https://t.co/qZa4noXKHJ
I’m very excited to share that I will be leading the charge at @predictdotfun and coming home to build on @BNBChain.
With the backing of @YZiLabs, we’re setting out to make BNB Chain the home of the world’s leading prediction market.
Earlier this week, I shared our vision for Predict at the YZi Labs Demo Day: utilizing DeFi to unlock scalable capital efficiency and deep, permissionless liquidity on prediction markets.
There has been a serious lack of creativity on prediction markets so far. Yield? Lending? Leverage? All of these are achievable using available onchain protocols, and this is just scratching the surface of what’s possible.
It feels great to be back on home turf, returning to my roots and taking on this new exciting challenge.
Predict is launching very soon. Stay tuned. Being early will be rewarded.
The AF keeps accumulating $HYPE 24/7/365.
DAT's have never bought into an asset this pristine before. Supply will continue to shrink every day.
Hyperliquid.
$NFLX is up over 2% today as reports say $WBD board has “really warmed” to a Netflix offer for its studio and streaming assets.
$WBD is running a second round of bids that includes $NFLX, Paramount and Comcast.
Traders are watching how WBD auction headlines move both stocks.
Trove raised $20 million in USD‑denominated debt from its LPs, that is why they are hedging.
+ this was structured as a fixed USD loan, not an equity investment
+ the team planned to wait for more favorable market conditions so they could build sufficient collateral to hedge HYPE exposure
It was not a cash raise to buy $HYPE exposure as DAT do, so I think it is a reasonable decision to hedge the debt risks.
excited on the upcoming collectibles HIP-3 launch!
Unit has integrated the OFT Standard for ERC-20 tokens, enabling instant, one-click deposits into Hyperliquid spot markets through @unitxyz, starting with @ethena’ ENA.
Deposits are now live via @StargateFinance.