Sentiment: Positive
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Hyperliquid’s HYPE Token Is Undervalued as Platform Expands Beyond Crypto; Bitwise
By Kelvin Munene at 2026-05-19 21:50
Sentiment: Positive
TLDR Bitwise says HYPE is undervalued because investors are treating Hyperliquid mainly as a crypto derivatives exchange. Hyperliquid is expanding into non-crypto markets, including equities, commodities, foreign exchange and prediction markets. Bitwise estimates Hyperliquid is generating about $800 million to $1 billion in annualized revenue. The platform uses 99% of trading fees to buy back [...] The post Hyperliquid’s HYPE Token Is Undervalued as Platform Expands Beyond Crypto; Bitwise appeared first on CoinCentral. Continue reading...
Categories: Markets
Tags: #Markets #Hyperliquid
Source Coin Central