This Week’s Alpha Allocation, @HyperliquidX

• Sector: Decentralized Perp DEX + Layer 1

• Token: $HYPE

→ Project Insight

Hyperliquid is the first high-performance Perp DEX built directly on its own custom Layer 1, a rare combo.

No bridging, no gas fees, no waiting.

Its blazing-fast chain supports real-time trading with full decentralization.

Built for scale, trusted by power traders.

• Custom L1 infra

• CEX-like speed

• No native gas token

• Zero-knowledge proofs for decentralized custody

→ Catalyst

1. $HYPE broke past $44.76, up 25% in a week, and still surging higher.

2. Hyperliquid TVL surged from $1.7B → $2.24B, showing sticky capital inflow.

3. OI Explosion: $BTC Open Interest hit $3.7B+, with bullish long-to-short ratio of 1.3 highest in a month.

4. Whales Are Buying:

• Tony G Co-Investment Holdings bought $438K worth of $HYPE.

• Whale scooped 715K $HYPE ($29.47M) last week.

5. Strong Dev Ecosystem: Stablecoin architecture, fast-growing dApp layer, and increasing adoption.

→ Price Prediction

Key Support: $38.5

Just cleared previous ATH: $44.76

Next Target:

• $46.35 (141% Fib extension)

• $50 psychological level

Longer term: If velocity holds, $100 is a stretch target but plausible given OI, demand, and macro trend.

→ Rotation Narrative

Perp DEXs are evolving fast.

• GMX pioneered low-fee DeFi-native perps.

• dYdX v4 scaled, but fragmented liquidity and UX.

• Hyperliquid? It’s a different play: one chain, one experience, no compromises.

It doesn’t mimic CEX infra it competes with it on CEX terms.

That’s new.

And in a space where trust in centralized exchanges is degrading, while rollup complexity keeps rising....a vertically integrated, low-latency, custody-native chain has a strong case.