The Aptos ecosystem is really about to take off.
Binance Wallet's Bonding Curve IDO first phase has chosen Aptos ecosystem Dex leader @hyperion_xyz as the first project to take the plunge, and in the short term, market sentiment and funds will tilt towards Hyperion. It is expected to perform well.
Valuation Analysis
From a valuation perspective, Hyperion's best comparable is Cetus on Sui, as both are top-tier Dexs on Move public chains, and Cetus has already had its TGE, providing relatively rich data for reference.
Overall comparison:
Public Chain Background: Undoubtedly, Sui is currently stronger than Aptos in terms of ecology, giving Cetus one point.
TVL: $94 million vs $110 million, giving Hyperion one point.
Ecological Status: Cetus has a strong external competitor, Momentum, and is currently lagging behind in TVL, also recently recovering from a negative incident, making its ecological status unstable; in contrast, Hyperion is undoubtedly the prince of Aptos, with a cumulative trading volume exceeding $7.1 billion since launch, demonstrating stronger ecological dominance.
Comparison Result: Hyperion wins two to one. Considering that Cetus's FDV is currently $12 million, we reasonably expect Hyperion's FDV at launch to be above this level.
Additionally, I want to mention the Bonding Curve; the core of curve auctions is linking price with demand: the more participants there are, the higher the token price; conversely, when purchasing funds decrease, the price will fall. Therefore, I do not recommend FOMOing in; if it were me, I would set a psychological expectation price. If I can't buy it, I would patiently wait for a pullback.
Most Important Reminder
Lastly, and most importantly, do not forget to check and claim your airdrop (don’t forget!): https://hyperion.xyz/airdrop