Episode Details

Arthur Hayes and Hanson Birringer on Hyperliquid’s Success (And What Could Stop It) - Ep. 852
6/17/2025
Unchained

Key Insights

Bullish:

  • 🟢 $HYPE - HyperLiquid's token (HYPE) is viewed favorably due to its profit-sharing model, strong business fundamentals, and potential for increased adoption by influential traders.
    • If you do not give away if you make a lot of money as a exchange, which you should, that's the whole fucking point of this business, and you don't give it to the users, I'm gonna go I'm gonna I'm gonna buy another token.” - Arthur (1:01:12)
    • You know, whether it's an l one, an l two, an l three, an l something, like, at its core, you know, Hypercore makes a lot of money.” - Hanson (11:42)
    • I think we'll start to see more, you know, these types of, I think, I guess, k, I'll call them a k o l. I don't know what else to call them right now. You know, using HyperLiquid to promote their, you know, trading group or kind of just trading strategies.” - Hanson (19:11)
  • 🟢 $PERPDEX - 🔒
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Bearish:

  • 🔻 $DYDX - 🔒
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  • 🔻 $CEFI - 🔒
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