Hyperliquid trader James Wynn earns $46M in two months from PEPE, TRUMP, and BTC

James Wynn has shocked the crypto world with over $46 million in profits in just two months on decentralized exchange Hyperliquid. According to Lookonchain, Wynn began trading around mid-March using 5x–40x leveraged long positions on Bitcoin and meme coins such as PEPE, TRUMP, and Fartcoin.

His most profitable position is a 10x long on PEPE, with about $23.8M in unrealized gains, followed by 40x long on BTC ($5.4M), 10x long on TRUMP ($5.57M), and 5x long on Fartcoin ($5.15M).

Wynn now leads Hyperliquid’s trader leaderboard and recently made $11.4M in a single day. He rejected a $1M/month offer from Bybit, criticizing centralized exchanges for unethical practices.

Despite recent controversy over JELLY, Hyperliquid continues to grow and now holds over 60% of the decentralized perpetuals market, per DeFiLlama.