Perpetual Contract Inventor: $HYPE is still the best perp DEX, but the risk-reward ratio is no longer what it used to be.
In an interview at the 2026 KBW event, he talked about HYPE.
His core point can be summed up in one sentence: HYPE is still the best perp DEX, but the risk-reward ratio is no longer as good as it was early on.
His own trades:
He bought HYPE around $30 and sold it at $75.
After that, when HYPE fell back to the $50s, he couldn’t find a suitable opportunity to re-enter.
Buy at $30, sell at $75—then he never got back on.
Why is he still bullish, yet not buying?
He believes that HYPE still holds the lead thanks to its liquidity, brand, and token economics.
But as more competitors enter, the risk-reward profile has changed.
Put simply: the best project doesn’t necessarily mean the best entry point. The project is still the same, but the price is no longer the same.
In an interview at the 2026 KBW event, he talked about HYPE.
His core point can be summed up in one sentence: HYPE is still the best perp DEX, but the risk-reward ratio is no longer as good as it was early on.
His own trades:
He bought HYPE around $30 and sold it at $75.
After that, when HYPE fell back to the $50s, he couldn’t find a suitable opportunity to re-enter.
Buy at $30, sell at $75—then he never got back on.
Why is he still bullish, yet not buying?
He believes that HYPE still holds the lead thanks to its liquidity, brand, and token economics.
But as more competitors enter, the risk-reward profile has changed.
Put simply: the best project doesn’t necessarily mean the best entry point. The project is still the same, but the price is no longer the same.
