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steven.hl

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Remember when people called the top on HYPE after Bloomberg and CNBC both mentioned Hyperliquid by name as a revenue generating business with underlying fundamentals? It actually turned out to be a capitulation event from those that were sidelined and watching HYPE. Hyperliquid
Remember when people called the top on HYPE after Bloomberg and CNBC both mentioned Hyperliquid by name as a revenue generating business with underlying fundamentals?

It actually turned out to be a capitulation event from those that were sidelined and watching HYPE.

Hyperliquid
For HYPE to become a top 10 coin, it must outperform the coins in the top 10. Here's a checklist for which HYPE ratios are at ATH and which are not yet: - HYPE/BTC ⏳ - HYPE/ETH ☑️ - HYPE/SOL ☑️ - HYPE/XRP ☑️ - HYPE/BNB ☑️ - HYPE/DOGE ☑️ - HYPE/ADA ☑️ - HYPE/TRX ⏳ Hyperliquid
For HYPE to become a top 10 coin, it must outperform the coins in the top 10.

Here's a checklist for which HYPE ratios are at ATH and which are not yet:
- HYPE/BTC ⏳
- HYPE/ETH ☑️
- HYPE/SOL ☑️
- HYPE/XRP ☑️
- HYPE/BNB ☑️
- HYPE/DOGE ☑️
- HYPE/ADA ☑️
- HYPE/TRX ⏳

Hyperliquid
if jeff has a million fans, then i am one of them. if jeff has ten fans, then i am one of them. if jeff has only one fan, then that is me. if jeff has no fans, then that means i am no longer on earth. if the world is against jeff, then i am against the world. hyperliquid
if jeff has a million fans, then i am one of them.
if jeff has ten fans, then i am one of them.
if jeff has only one fan, then that is me.
if jeff has no fans, then that means i am no longer on earth.
if the world is against jeff, then i am against the world.

hyperliquid
If you think HYPE has limited upside at $36 after trading for 6 months, understand that crazier things have happened. In 2021, SOL went from $2 -> $250 in 11 months. All you had to do was buy and be patient. Hyperliquid
If you think HYPE has limited upside at $36 after trading for 6 months, understand that crazier things have happened.

In 2021, SOL went from $2 -> $250 in 11 months. All you had to do was buy and be patient.

Hyperliquid
When HYPE staking tiers was announced, the wording suggested that more utility would be coming. There's a lot you can speculate on, but there's one idea that has been in the docs for over a year: instead of burning spot token fees, you can give it to stakers. Hyperliquid
When HYPE staking tiers was announced, the wording suggested that more utility would be coming.

There's a lot you can speculate on, but there's one idea that has been in the docs for over a year: instead of burning spot token fees, you can give it to stakers.

Hyperliquid
2 days ago, BTC made a new ATH. Today, HYPE now joins BTC as the only altcoin to also be doing price discovery. This is a testament to the quality of the project, the vision of what it can become, and the community that believes in it. Job's not finished though. Hyperliquid
2 days ago, BTC made a new ATH. Today, HYPE now joins BTC as the only altcoin to also be doing price discovery.

This is a testament to the quality of the project, the vision of what it can become, and the community that believes in it. Job's not finished though.

Hyperliquid
2 days ago, BTC made a new ATH. Today, HYPE now joins BTC as the only altcoin to also be doing price discovery. This is a testament to the quality of the project, the vision of what it can become, and the community that believes in it. Job's not finished though. Hyperliquid
2 days ago, BTC made a new ATH. Today, HYPE now joins BTC as the only altcoin to also be doing price discovery.

This is a testament to the quality of the project, the vision of what it can become, and the community that believes in it. Job's not finished though.

Hyperliquid
HYPE is back over $35. Those of you in the old school who don't value revenue simply do not understand what equity investors look for or you did not cared enough to try. Hyperliquid's daily buybacks under $1m are now mathematically impossible in this purradigm.
HYPE is back over $35. Those of you in the old school who don't value revenue simply do not understand what equity investors look for or you did not cared enough to try. Hyperliquid's daily buybacks under $1m are now mathematically impossible in this purradigm.
HYPE just closed the daily candle over $33, making today a new all-time high. There is currently less than $14m in sell orders standing in the way of HYPE making new all-time highs over $35. When that happens, should I bring back the salt sheet? Hyperliquid
HYPE just closed the daily candle over $33, making today a new all-time high. There is currently less than $14m in sell orders standing in the way of HYPE making new all-time highs over $35.

When that happens, should I bring back the salt sheet?

Hyperliquid
Spot ticker auctions will soon use HYPE as the currency you bid with instead of USDC. This comes as one of several recent additions to give HYPE more utility than just an L1 token to secure the network. Are you ready to start denominating your wealth in HYPE? Hyperliquid
Spot ticker auctions will soon use HYPE as the currency you bid with instead of USDC.

This comes as one of several recent additions to give HYPE more utility than just an L1 token to secure the network.

Are you ready to start denominating your wealth in HYPE?

Hyperliquid
HYPE is back over $30. Those of you in the old school who don't value revenue simply do not understand what equity investors look for or you did not cared enough to try. Daily buybacks under $1m are now mathematically impossible in this purradigm.
HYPE is back over $30. Those of you in the old school who don't value revenue simply do not understand what equity investors look for or you did not cared enough to try. Daily buybacks under $1m are now mathematically impossible in this purradigm.
Hyperliquid’s mobile frontend just got pushed another small update: the order book can now be viewed in USDC with customizable precision, mirroring functionality from the desktop UI. I’ve personally been waiting for this one for a while to avoid doing mental math! Hyperliquid
Hyperliquid’s mobile frontend just got pushed another small update: the order book can now be viewed in USDC with customizable precision, mirroring functionality from the desktop UI.

I’ve personally been waiting for this one for a while to avoid doing mental math!

Hyperliquid
There are currently only nine non-team/foundation wallets with enough staked HYPE to be eligible for HIP-3 deployments. If HIP-3 hits mainnet before people can coherently pool together staked HYPE, there isn't much competition. I suspect this will change soon. Hyperliquid
There are currently only nine non-team/foundation wallets with enough staked HYPE to be eligible for HIP-3 deployments.

If HIP-3 hits mainnet before people can coherently pool together staked HYPE, there isn't much competition. I suspect this will change soon.

Hyperliquid
Jeff just unveiled HIP-3. Users will be able to permissionlessly deploy a perps orderbook for any asset they want. There are caveats: - Deployers must maintain 1M+ HYPE staked and is subject to slashing if deemed malicious. - Deployment is like spot tickers. DA every 31 hours except the payment is done in HYPE. - Deployers can receive fees on trades, up to 50% of fees. - The official https://t.co/zxLq8LXbcp frontend will not display these orderbooks initially. So only those seeking these perps will be able to trade them (for safety purposes). This is now live on testnet today. Hyperliquid
Jeff just unveiled HIP-3. Users will be able to permissionlessly deploy a perps orderbook for any asset they want.

There are caveats:
- Deployers must maintain 1M+ HYPE staked and is subject to slashing if deemed malicious.
- Deployment is like spot tickers. DA every 31 hours except the payment is done in HYPE.
- Deployers can receive fees on trades, up to 50% of fees.
- The official https://t.co/zxLq8LXbcp frontend will not display these orderbooks initially. So only those seeking these perps will be able to trade them (for safety purposes).

This is now live on testnet today.

Hyperliquid
HYPE is back over $20. Those of you in the old school who don't stake HYPE simply do not understood the impact of staking tiers or did not cared enough to try. Daily buybacks under $1m will soon be mathematically impossible in this purradigm. So is single digit HYPE and all else.
HYPE is back over $20. Those of you in the old school who don't stake HYPE simply do not understood the impact of staking tiers or did not cared enough to try. Daily buybacks under $1m will soon be mathematically impossible in this purradigm. So is single digit HYPE and all else.
I've been pulling my hair out trying to understand why FARTCOIN has done a 6x off the lows in March. It turns out it was just insiders accumulating supply before FARTCOIN got its first ever tier 1 exchange spot listing on Hyperliquid. Hot air will soon rise on Hyperliquid.
I've been pulling my hair out trying to understand why FARTCOIN has done a 6x off the lows in March. It turns out it was just insiders accumulating supply before FARTCOIN got its first ever tier 1 exchange spot listing on Hyperliquid.

Hot air will soon rise on Hyperliquid.
If you haven't looked at Hyperliquid's testnet in a while, it's worth checking out. There's a revamped UI for all pages that likely rolls out in the coming days. One new feature is the ability to link a Staking wallet to a Trading wallet on the Portfolio page. Hyperliquid
If you haven't looked at Hyperliquid's testnet in a while, it's worth checking out. There's a revamped UI for all pages that likely rolls out in the coming days.

One new feature is the ability to link a Staking wallet to a Trading wallet on the Portfolio page.

Hyperliquid
In a few days, the trading fees on Hyperliquid will change. The ratio between exchange volume to AF buybacks is roughly 2.3 bps. Since maker orders are close to free for active traders, most of this fee capture is from taker orders only. The biggest change in the new fee system is that maker orders are no longer free unless you are doing 500M+ volume biweekly. With these changes, I am expecting fee accrual to increase anywhere from +20 to +50% depending on adoption of fee discounts via staking tiers. Hyperliquid
In a few days, the trading fees on Hyperliquid will change. The ratio between exchange volume to AF buybacks is roughly 2.3 bps. Since maker orders are close to free for active traders, most of this fee capture is from taker orders only.

The biggest change in the new fee system is that maker orders are no longer free unless you are doing 500M+ volume biweekly. With these changes, I am expecting fee accrual to increase anywhere from +20 to +50% depending on adoption of fee discounts via staking tiers.

Hyperliquid
> Staking tiers will go live "on or after April 30th". > Hyper Foundation began unstaking 100K HYPE (presumably for the delegation program). It will finish unstaking on May 1st. All signs point towards May 1st being an eventful day for the HL community. Get ready. Hyperliquid
> Staking tiers will go live "on or after April 30th".
> Hyper Foundation began unstaking 100K HYPE (presumably for the delegation program). It will finish unstaking on May 1st.

All signs point towards May 1st being an eventful day for the HL community. Get ready.

Hyperliquid
The last time BTC was over $90k was March 7th. That was when: - ETH was $2250 (now $1680) - SOL was $150 (now $144) - HYPE was $16 (now $18) Asset allocation for the remainder of 2025 will be important. Rising tides do not lift all boats like they used to. Hyperliquid
The last time BTC was over $90k was March 7th. That was when:
- ETH was $2250 (now $1680)
- SOL was $150 (now $144)
- HYPE was $16 (now $18)

Asset allocation for the remainder of 2025 will be important. Rising tides do not lift all boats like they used to.

Hyperliquid
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