LoginTrending NewsAI AgentsMeme LaunchpadDeSciTopChainExplorerFor Newbee100x CoinsBee GameEssential WebsitesMust-Have APPCrypto CelebritiesDePINRookies EssentialTrap DetectorBasic ToolsAdvanced WebsitesExchangesNFT ToolsWeb3 UniverseGamesDAppBee HiveGrowing PlatformADRecharge CoinsLoginWeb3 UniGamesDAppBee HiveADhomeAnalysisAnalysisWyatt@azuma_ethcryptodefiRelated: Kyle Criticizes Hyperliquid, Arthur Hayes Responds with a $100K Bet
There aren’t many projects worth mentioning during this downturn, but Hyperliquid is one of them. $HYPE has nearly doubled from its January low. Regardless of your opinion on the project, the market is voting. However, Kyle Samani, the former co-founder of Multicoin, cast a dissenting vote. On February 8th, Blockworks Research published a report stating that Hyperliquid’s silver contracts have begun to directly compete with traditional futures exchanges like CME in terms of spreads and execution. Many in the crypto community shared it, viewing it as a signal that on-chain finance is truly starting to encroach on traditional finance’s territory. But Kyle poured cold water on the enthusiasm. He believes Hyperliquid represents, in almost every aspect, the classic problems of the crypto industry: The founder fled his home country to…# Analysis# crypto# defi# Exchange# Market# Token# ToolPre
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- Author｜Azuma（@azuma_eth） Zuckerberg is making a comeback. A CoinDesk report this morning revealed that sources indicate Meta plans to re-enter the stablecoin space later this year. The company ...