IOSG Praises Hyperliquid for Competing with Binance! #hype Market Cap 37.6 Billion, Drops Less During Market Volatility. In the latest report, IOSG highly praises Hyperliquid, stating that it is not aiming to take down Uniswap, but rather its target is directly Binance.

Currently, HYPE price is $37.61, down 0.37% in the last 24 hours, with a market cap of 37.6 billion. Recently, there has been conflict between Israel and Palestine, leading to a significant drop in many cryptocurrencies, but HYPE has dropped relatively little.

Why is there such optimism about it?

Three reasons:

1. Outstanding profit-making ability

In 30 days, it earned $69.15 million, ranking seventh in protocol revenue, surpassing Tron, Solana, and Lido. Moreover, the new features HLP Vault and HyperEVM have not yet been fully utilized, which means it can earn even more in the future.

2. Trading experience as good as centralized exchanges

The trading experience, fees, and execution speed are comparable to major exchanges like Binance, but it is a decentralized platform. This is an advantage that others cannot replicate.

3. Market share significantly higher than competitors, unique economic model, founding team consists of industry leaders, and the product is mature. Do you think this analysis makes sense?