The $HYPE chatter keeps growing — reports of big tradfi names building perps on its rails, yet the token itself is cooling off, down about 3% near $85 on over $1.1B in volume. That gap between narrative and price is what I'm watching. If $BTC holds near $77,800, risk appetite probably stays alive for names like this. Anyone else watching whether the hype fades or the buyers step back in? #Hyperliquid