Exchange: NASDAQ·Updated 01:46 PM EST

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Bitwise CIO Sees Hyperliquid Becoming Finance's Next Amazon, Calls It A ‘Financial Juggernaut’
Matt Hougan said Hyperliquid had the “ambition” of becoming “one of the largest financial entities in the world.”
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Bitwise CIO Sees Hyperliquid Becoming Finance's Next Amazon, Calls It A ‘Financial Juggernaut’
Matt Hougan said Hyperliquid had the “ambition” of becoming “one of the largest financial entities in the world.”
Stocktwits
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If approved, Payward's Bitnomial would run and settle the markets, and a planned upgrade would let it limit trading to approved users.
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About $72 million remained available under the expanded program, which now runs through October 31, 2027.
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Analysts cited Hyperliquid's $38 billion market capitalization and roughly $85 million in monthly revenue.
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SoSoValue data show that three U.S. spot HYPE ETFs have net inflows of $356.58 million since launch and net assets of $480.86 million
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Hyperliquid pumped on comments from President Donald Trump that the CFTC was working to bring the exchange into the U.S.
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Hyperliquid Strategies reported $305.5 million in fiscal-year net income, driven largely by unrealized gains on its HYPE holdings.
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CZ believed that Hyperliquid’s entry to the U.S. would just be the ‘tip’ of decentralized finance adoption.
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The rally in both assets followed $5.74 million of net inflows into U.S. spot HYPE ETFs on Monday, the second-highest daily inflow on record.
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The three firms held shorts of $338 million of ETH and $265 million of BTC, the largest on the chain after a price surge liquidated bigger whale accounts.
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