Hyperliquid (HYPE)

"To see a market action like that, and buyings like that, and operations like that, and not a single break, not a single second of downtime, feels terrific! I don't know another exchange that can say that." - Bob Diamond about Hyperliquid on Oct. 10th https://t.co/WqqIaWA6qH

"It (Oct. 10) was an incredibly fascinating day. The blockchain (#Hyperliquid) that was built by Jeff and team behaved and operated exactly as advertised: not a second of down time. Incredible liquidations and transactions and volatility." - Bob Diamond https://t.co/nN1O5ykF8V

Few thoughts on why I still feel $HYPE is positioned to remain the leader, even as competition increases. Careful, only bullish points ahead: • Everyone is copying Hyperliquid. There are innovators and there are copycats. Competition is healthy, but it also reveals who is setting the pace and that’s the Hyperliquid team. • Higher profit margins, no VC pressure. Competitors had to raise capital, and VCs eventually need exits. Hyperliquid’s team is building toward their mission with zero external pressure or conflicts of interest. • Hyperliquid has far more resources. • Most competitors rely on points campaigns and haven’t TGE’d yet. This boosts short-term volume, as seen in Volume/OI ratios. Hyperliquid has the healthiest ratio. We still don’t know what competitor volume will look like after TGE. • Airdrops won’t match what $HYPE did. Hyperliquid created a level of community alignment that competitors simply can’t replicate, no matter how hard they try. • Hyperliquid is officially a team of 11 and soon 12.

"Lighter mainnet & token launch. Variational mainnet & token launch. Ostium $20m raise. GRVT, Extended, Pacifica, Avantis, Vest Reya, Hibachi, and others with token launch incoming." Actually all of these are just bullish catalysts for HYPE and Hyperliquid. Once all these projects do their TGE and show the real yield you're getting (and not points) a lot of volume will come back to HL. Time to time.

Magnetic energy at the Dubai campus today as the @HyperliquidX UAE community came together for deep dives, product updates, and some seriously sharp conversations. Huge thanks to everyone who shared their work @akka_finance @StratiumX @Neuravaults @Covalent_HQ @HyperSignals_ai Dubai’s builder momentum is only getting stronger!