You don't need to understand electricity to use a lightswitch
This is what we’re trying to do with crypto. Give users better financial services, while hiding the complexity
S3 is now confirmed
3 is repeated across this image
3 laneways for the plane to depart
3 stacks of gold hype next to it
3 busses carrying gold through unit bridge
1 plane has already taken off (airdrop 1)
1 plane is yet to take off and is loading up (s3)
Ty hyperliquid
Hyperliquid today looks very different from Hyperliquid a year ago. This time last year, the HyperEVM hadn’t even launched, and there were only a handful of early believers building exclusively on Hyperliquid. Now, there are hundreds of teams building, dozens of regional communities with local events, and trillions more in volume traded.
This was achieved without any external funding and giving all protocol fees to the community. Hyperliquid was built with a strong belief in returning to the core ethos of crypto - changing entrenched and predatory practices to be fair and permissionless.
This art piece is meant to celebrate Hyperliquid’s growing ecosystem and commemorate how far we’ve come as a community in building the house of all finance. You’ll find many of your favorite apps and teams interwoven in the piece if you zoom in. A special thank you to @Degen_Alfie for bringing the community to life. Many great teams didn’t make it due to limited space and time, but your contributions have not gone unnoticed!
Notable product and tech releases in 2025 included:
+ HyperEVM launch with HyperCore composability via precompiles and CoreWriter
+ Spot assets bridged by Unit
+ Fully permissionless validator set
+ Native utility to staking, with fee discounts for traders and permissionless HyperCore deployment capabilities for builders
+ Permissionless spot quote assets
+ Hypurr NFTs
+ USDH governance vote and launch by Native Markets
+ HIP-3 permissionless perp deployment
+ Native USDC integration
+ Portfolio margin pre-alpha launch
+ Assistance Fund HYPE officially burned
Compared to 2024, ATHs in 2025 reached:
+ $32B in 24h volume from $15B in 2024
+ $16B in open interest from $4B
+ $6B in TVL from $2B
+ $20M in 24h protocol revenue from $3.5M
+ 1.4M users from 300k
Excited to see what the ecosystem looks like another year from now. Thank you to all the builders, users, and supporters who have come together to push forward Hyperliquid’s vision.
narratives i believe dominate 2026:
- prediction markets go mainstream
- ai agents actually using crypto rails
- privacy tech that is easy to use
- defi apps normies can use
- fewer new l2s, more apps
less: new l1s, governance tokens, nft flips, gaming
monday mindshare:
- biggest winner: DeFi, led by Uniswap after executing UNIfication
- stablecoins gaining more and more traction, now clearly the 3rd market narrative
- RWAs had another good week, trending steadily for 3-4 months
- biggest losers: AI and prediction markets
Trust Wallet(@TrustWallet) has been exploited, with hundreds of users affected and over $6.77M stolen so far.
The hacker has already sent ~$4.25M to ChangeNOW, FixedFloat, KuCoin, and HTX.
CZ(@cz_binance) has stated that Trust Wallet will fully cover the losses.
Check hacker wallets:
https://t.co/tl20JihDTq
(Source: https://t.co/QTwIi19ljg)
I personally don't care as much what price Bitcoin closes at the end of Dec 2025.
I am more excited to see global crypto HODLers reach 1 billion in the coming years.
Price movements are mostly noise! Mass adoption is the real signal! 🫡