Hyperliquid has been making a lot of moves lately. Elysium mainnet just launched, becoming the first L2 to settle on HyperEVM. Add ICE taking a stake in Trade[XYZ] and that 1,000x leverage product, and it feels like outside teams are all piling in. The order book ecosystem is definitely becoming more layered.
But honestly, most of the trading and revenue are still concentrated in the middle layer. Whether HYPE can get a piece of the pie still depends on whether the order book can eventually charge fees for pricing.
$HYPE
$BTC
$ETH
#Hyperliquid
#OnchainActivity
But honestly, most of the trading and revenue are still concentrated in the middle layer. Whether HYPE can get a piece of the pie still depends on whether the order book can eventually charge fees for pricing.
$HYPE
$BTC
$ETH
#Hyperliquid
#OnchainActivity
