🚨 Bitwise just called HYPE the "most mispriced asset" in crypto — while it is already the best large-cap performer of 2026, up 77% this year.
Bitwise investment chief Matt Hougan says the market still prices Hyperliquid as a simple perpetual futures exchange, not the "global super-app" it is becoming. His proof: nearly HALF of all Hyperliquid volume now comes from non-crypto assets — stocks, prediction markets, and more.
It lines up with what SEC Chair Paul Atkins wants: one platform where investors can custody and trade many asset classes. The catch: Hyperliquid still does not operate in the US.
Same week: HYPE treasury firm Hyperliquid Strategies doubled its equity facility from $1B to $2.5B in a Tuesday SEC filing, after already raising $647M through it and building a 29.3M HYPE treasury. More buying capacity aimed at HYPE.
Is Hyperliquid becoming crypto's first true super-app — or is the 77% run already priced in? 🤔
#HYPE #Hyperliquid #CryptoNews
$HYPE
Bitwise investment chief Matt Hougan says the market still prices Hyperliquid as a simple perpetual futures exchange, not the "global super-app" it is becoming. His proof: nearly HALF of all Hyperliquid volume now comes from non-crypto assets — stocks, prediction markets, and more.
It lines up with what SEC Chair Paul Atkins wants: one platform where investors can custody and trade many asset classes. The catch: Hyperliquid still does not operate in the US.
Same week: HYPE treasury firm Hyperliquid Strategies doubled its equity facility from $1B to $2.5B in a Tuesday SEC filing, after already raising $647M through it and building a 29.3M HYPE treasury. More buying capacity aimed at HYPE.
Is Hyperliquid becoming crypto's first true super-app — or is the 77% run already priced in? 🤔
#HYPE #Hyperliquid #CryptoNews
$HYPE
