DeFi

Hyperliquid has reached 1b Open Interest. Projects purely for farming do not reach these metrics. 

Doubters have yet to realize the stickiness of active users, and this will all be revealed after points incentives end. Im also more bullish on Hyperliquid after listening to Jeff speak at the private event during token2049.

“Once HyperEVM is ready, builders and users alike will be able to feel its power”.

Full report:

Hyperliquid has reached 1b Open Interest. Projects purely for farming do not reach these metrics. 

Doubters have yet to realize the stickiness of active users, and this will all be revealed after points incentives end. Im also more bullish on Hyperliquid after listening to Jeff speak at the private event during token2049.

“Once HyperEVM is ready, builders and users alike will be able to feel its power”.

Full report:
https://newsletter.asxn.xyz/p/hyperliquid-the-hyperoptimized-order

/less in the Farcaster Trenches 👅 Big Cat is Here 🥹

Bro hyperliquid gives out 100+% apy of points for trading purr. I bet there are lots of mercenary traders

I agree that their product is v good, but they are not a perp dex. They are a cex without regulation (hence why they renounced their us citizenship), with native on-chain onboarding. If I had to place a bet on anyone to be the ftx of this cycle, it would be hyperliquid.

there definitely are. but i believe that hyperliquid has the perfect narrative + flawless execution by the team to be one of the leaders this cycle. 

there are many who think its just a perp dex currently (judging from the many comparison with other perp dexs). rarely seeing anyone compare it to a L1 / onchain CEX-experience