
Looks like it's time to short Hyperliquid. The narrative around Hyperliquid has always been about their ability to generate fees -- this is a clear chink in the armor. Combine that with: * OI hasn't recovered since 10/10 * Plenty of new & good competitors (Aster, Lighter,
We should all just full port $HYPE and be rich, with 0 stress

Imo the biggest reason $HYPE is so mispriced is because 1. Supply misperception: mc is overstated since the AF supply isn’t truly liquid. 2. Institutional inaccessibility: even with massive demand, institutions can’t buy $HYPE directly. I’ve spoken with DATs who said funds want exposure but can’t touch it through DEXs due to compliance. 3. Narrative gap: many still think of Hyperliquid as just a DEX, not the backend infrastructure that could house all of finance through Builder Codes, HIP-3, and the upcoming HIP-4/5/6. These are temporary inefficiencies, and they’ll resolve soon. Especially with point 2 - with Robinhood listing $HYPE and upcoming public listings of DATs like @HypeStrat and @HyperionDeFi , institutional access is about to open up. When that happens, expect real buy pressure from the players who’ve been waiting on the sidelines.
Many are underestimating the impact of improved $HYPE access. “Scary people” at CEXs refuse to list spot HYPE in fear of losing users to HL. Robinhood providing access to HYPE for the masses effectively turns another AF online with a daily bid equal to the AF Hyperliquid.
Love to see people midcurving equity perps on Hyperliquid $HYPE is cheap af Hyperliquid

Hyperliquid has consolidated in this range for over 135 days. In that time, the assistance fund has purchased over 347m worth of HYPE. We all know HYPE is fundamentally undervalued by at least 2x. But I think it's undervalued even looking at short term flows. 1. There will be 300m - 400m of net buying from DATS in 2025, in addition to another ~180m of net buying from the Assistance Fund. ARKK will also likely buy the HYPE DAT (Cathy confirmed they needed a HYPE DAT to get exposure). 2. Team selling is overblown. They had access to 2.7b worth of foundation funds, but sold less than 0.005%. People frontrunning team selling are acting on likely bad information. 3. HYPE is going to get an ETF and will be part of the new S&P crypto index fund. It is also the only investable asset aside from a value / growth investor perspective. HYPE is undervalued and hated because it's difficult to buy. Despite all this, it's still a top 10 crypto. Don't get shaken out.

I’m re-evaluating my $HYPE positions. I’ve been a big supporter of Hyperliquid for a while, but it’s time to reassess. There are two main concerns: 1. Market share Hyperliquid’s dominance peaked in May. Since then, @Lighter_xyz and others have been eating into its territory. Perp traders are chasing newer platforms with shinier features and better upside potential from airdrop and incentives I’ve used Lighter for scalp trading. It’s cheaper (0% fee for lower latency) and faster. For that use case, I’d pick Lighter over Hyperliquid as scalp trader. 2. Team unlock Starting Nov 29 (50 days from now), the team allocation starts unlocking: 216.58K HYPE daily (~$10M/day). We can’t predict if Jeff and the team will sell, but after years of building, it wouldn’t be irrational to realize some gains. Even if they don’t, new supply always changes sentiment and it’s worth watching closely. At the end of the day, incentives matter. Still, this doesn’t mean $HYPE is finished. It could easily have another leg up, but from a positioning view, the risk/reward is shifting. Other plays offer cleaner setups with less capital and fewer uncontrollable factors. Happy to hear more catalysts that could invalidate my concerns, such as HIP-3 or HIP-4.

I have just opened up a short on $HYPE, on HyperLiquid. With $Aster growing rapidly, and their market share growing rapidly, and with the entire crypto twitter behind them, I can’t see this train slowing down. Let alone the November HYPE token unlocks.. always bearish for holders. I personally think lower, much lower. - Wynn
Don't be on the wrong side of history Long aster Short hype
If you don't hold $HYPE, $PUMP & $XPL going into Q4 you are probably not gonna make
Bullish $PUMP Bullish $HYPE Bullish $XPL The future is bright and onchain

hyperliquid metrics going vertical • $7.3b daily vol vs binance ($644m), bnb ($713m) • 75% dex market share, $3m daily fees • $1.2b position close executed without issues • 5 smart money bags loaded 794k $hype @ $34.8 avg ecosystem tokens leveling up: $purr +35% $hfun +13% $buddy +38% running at 112% of okx open interest too much alpha in one place tbh
Anyone have any compelling reasons I shouldn't full stack swap my remaining SOL for HYPE?