The native token of the decentralized derivatives exchange Hyperliquid, known as HYPE, has seen a nearly 4% increase in value over the past 24 hours, currently trading at $45.64. Crypto entrepreneur Arthur Hayes, speaking at the WebX 2025 conference in Tokyo, predicted a remarkable 126x growth for HYPE over the next three years, driven by the expansion of stablecoins. He anticipates that the DEX's annualized fees could soar to $258 billion, compared to its current $1.2 billion. Hyperliquid specializes in perpetual futures, allowing traders to leverage crypto assets without ownership. The platform recently recorded an all-time high of 198,397 open positions and over $15 billion in open interest. Additionally, its trading volume reached $1.56 billion over the weekend, with transaction fees hitting $93 million this month. The total value locked in the DEX stands at $685 million, nearing its February peak, as Hyperliquid captures over 75% of the decentralized perpetual exchange market. Read more AI-generated news on: https://app.chaingpt.org/news