hyperium

I don’t think it will.
But I still use Hyperliquid.
Now let me explain why someone like Arthur Hayes believes the HYPE token could reach $150, and why the idea is not completely crazy.

First: the revenue flywheel
The main reason behind Hayes’ thesis is simple: Hyperliquid prints revenue.
Unlike many DeFi tokens, HYPE is tied directly to trading fees. The protocol uses about 97% of its revenue to buy HYPE from the open market, effectively creating constant buy pressure when trading activity rises...

So the logic is:
More traders → more fees → more buybacks → higher price.
Hayes estimates that if Hyperliquid’s annualized revenue rises from about $843M to $1.4B, the token could justify a valuation around $150.
That would be roughly a 5× move from around $30.
Second: the CEX → DEX migration
Another key part of the thesis is the shift from centralized exchanges to on-chain trading.
Hyperliquid already captured around 6% of derivatives volume, and Hayes thinks that gaining just ~4% more market share from centralized exchanges could be enough to hit his revenue targets.

In other words:
If traders keep moving from Binance-style platforms to on-chain perps, Hyperliquid could be one of the main winners.

Third: expansion beyond crypto
This is where things get interesting.
Hyperliquid is starting to list macro assets like oil, gold, and indexes via its permissionless markets system (HIP-3).
Recently, an oil perpetual pair even became one of the top traded markets on the platform.
If traders begin speculating on real-world markets directly on-chain, Hyperliquid’s volume could explode.
And again: more volume = more buybacks.
Fourth: technical momentum
On the chart side, some analysts point to a cup-and-handle pattern that could push HYPE toward $50 first if resistance breaks.
From there, the bull case becomes psychological.
If the market narrative turns into:

“Hyperliquid is the Binance of DeFi”
Then extreme valuations become possible.
My personal view
Do I think $150 is guaranteed?
Not at all.
Crypto predictions are easy to make and hard to hit. Hayes himself has made bold calls before that didn’t play out.
But I do think Hyperliquid has one thing most tokens don’t:
Real revenue.
That alone makes it interesting.
So while I’m not betting on $150…
I’m still using the platform.
Trade it, short it, long it — and decide for yourself whether the HYPE is justified.
#hype #hypeusdt #Hyperium #CryptoNewss

偽善、正直な市場とハイプ。
暗号通貨は物語の欠如に悩まされています。各サイクルには次の大きなものがあり、一般的に金色の提案、攻撃的なトークノミクス、短期的なインセンティブに束ねられています。しかし、時折、興奮を売り込むことなく、単に行動を変えるトークンが現れます。
$HYPE はこれらのトークンの一つです。
価格の動きのせいではありません。
マーケティングのせいではありません。
しかし、それが現代の市場構造について私たちに何を語るのかという理由からです。
スムージングの空間、人工流動性、そして隠されたメカニズムが標準となる中で、HYPEとその機能は何か異常なもので機能しています。;過激な実行の正直さ。

$HYPE はHyperliquidのネイティブトークンであり、高速で低手数料の取引のために構築された分散型の永久先物取引所です。根本的に、HYPEはプラットフォームの成長、取引量、およびエコシステムの拡大から価値を得ます。このプロジェクトはオンチェーンのオーダーブック、深い流動性、強力なコミュニティガバナンスに焦点を当てています。トークンのユーティリティには、ステーキング、手数料割引、およびガバナンス決定への参加が含まれます。供給のダイナミクスとトークンの分配も長期的な価格の安定性に影響を与えます。ユーザーの採用、開発者の活動、流動性が引き続き増加する場合、HYPEの基本は強いままです。しかし、市場のボラティリティ、規制リスク、および主要取引所からの競争は、長期的な持続可能性や評価に影響を与える可能性があります。