Hyperliquid collaborates with Phantom to expand the perpetual market, aiming to become an 'everything exchange' with the potential for a threefold price increase.
This collaboration event connects more than 10 million Phantom users to the Hyperliquid platform, which is highly valued by major investors, with expectations to surpass traditional centralized exchanges in the near future.
MAIN CONTENT
Collaborating with the Phantom wallet expands the perpetual market for over 10 million users.
HYPE could triple in price, reaching 120 USD if the 'everything exchange' vision is successful.
Top investors believe Hyperliquid is a crucial liquidity layer that helps compete with CEX.
What significant progress has Hyperliquid made by collaborating with Phantom?
According to official information, Hyperliquid has just signed a partnership with the Phantom wallet to provide perpetual market products for over 10 million users. This event marks a turning point in expanding Hyperliquid's application and use in the cryptocurrency ecosystem, facilitating strong growth for the platform.
The collaboration allows Phantom to integrate perpetual markets directly into the wallet, enhancing user experience while opening a vast and sustainable liquidity channel for Hyperliquid. This is seen as a prerequisite for the breakthrough development of both parties.
How do top investors assess the potential of Hyperliquid?
Ryan Watkins, founder of Syncracy Capital, assesses that Hyperliquid possesses extremely important 'builder codes' that help the platform stand out from traditional centralized exchanges (CEXs). He believes Hyperliquid will become the foundational liquidity layer for Phantom and many other partners in the future.
"When I first assessed Hyperliquid, I did not highly value 'builder codes'. However, now I believe this is the most important feature that helps Hyperliquid compete with CEXs."
Ryan Watkins – Founder, Syncracy Capital, 2025
Builder codes are tools that allow third parties such as MetaMask wallets or other applications to easily connect and utilize Hyperliquid's perpetual markets while benefiting from referral fees. This creates an open ecosystem that helps increase liquidity and rapidly expand the user base.
What is Hyperliquid's 'everything exchange' vision?
Hyperliquid aims to become an 'everything exchange' – a multifunctional trading platform connecting numerous partners and users through a single platform. With HIP-3 (Hyperliquid Improvement Proposal), financial institutions and fintech can easily create their own perpetual markets on Hyperliquid's Layer 1 platform.
"This creates an almost magical opportunity to onboard over 10 million Phantom users in one go."
Ryan Watkins – Founder, Syncracy Capital, 2025
These advancements align perfectly with the trend of expanding the cryptocurrency ecosystem and developing diverse derivative products, helping to broaden Hyperliquid's market and revenue.
What notable financial achievements does Hyperliquid have?
As of now, Hyperliquid has generated nearly 400 million USD in total revenue with approximately 40,000 daily active users. The integration with the Phantom wallet, which has over 10 million users, promises to elevate revenue and user count to new heights.
Simon Dedic, an investor at Moonrock Capital, agrees with Ryan Watkins about the revenue explosion as the user count rises into the tens of millions in the near future.
"Imagine the transaction fees that top cryptocurrency applications will generate when they reach tens of millions of daily active users."
Simon Dedic – Investor, Moonrock Capital, 2025
What is the growth potential of HYPE according to in-depth analyses?
Analysts like Ryan Watkins and A1 Research predict Hyperliquid could reach a market capitalization of 70 billion to 120 billion USD within the next year. This corresponds to a price increase of 2 to 3.5 times compared to the current level, with HYPE priced between 69 to 120 USD.
Verification from professional VCs and reputable cryptocurrency market reports indicates that HYPE possesses significant growth potential, especially if the 'everything exchange' vision is fully realized.
Frequently Asked Questions
What does Hyperliquid's collaboration with Phantom mean?
Important, as it connects 10 million Phantom users with the Hyperliquid perpetual market, enhancing liquidity and experience, which VCs assess as a significant advancement.
What are builder codes in Hyperliquid?
It is a referral tool that allows applications and wallets to easily connect with Hyperliquid, creating a diverse liquidity ecosystem and incentives for participants.
Can Hyperliquid surpass traditional centralized exchanges (CEX)?
Reputable investors like Ryan Watkins assess that Hyperliquid has a significant competitive advantage thanks to its technology and network expansion, with the potential to outperform CEX in the near future.
What is the price growth potential of HYPE?
According to forecasts from VC funds and market research, HYPE could increase in price from 2 to 3.5 times, corresponding to a level of 69 to 120 USD in the next 12 months.
What is Hyperliquid's current revenue?
Hyperliquid has generated nearly 400 million USD in total revenue with approximately 40,000 daily active users.
Source: https://tintucbitcoin.com/hyperliquid-thu-hut-10-trieu-nguoi-dung/
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