BitMEX co-founder Arthur Hayes said in a Sept. 12 interview that Hyperliquid is the best-operated decentralized exchange in the market today and that he expects the project to keep growing. At the same time, he drew a distinction between product quality and return potential. In Hayes’ view, Hyperliquid’s market capitalization is already large, which makes another 5x move much harder to achieve from here. He contrasted that with lower-cap tokens that have fallen more sharply, arguing that they may need far less new market value to produce higher multiple returns. The comments were cited by Techub News and attributed to @WuBlockchain.
According to Techub News, BitMEX co-founder Arthur Hayes said in a Sept. 12 interview that Hyperliquid is currently the best-operated decentralized exchange and that he believes the project will continue to grow.
Hayes also said that, from a return-on-investment perspective, Hyperliquid’s market capitalization is already large, making a further 5x gain much harder to achieve.
He contrasted that with lower-cap tokens that have seen deeper declines, saying they may require less additional market value to deliver higher multiple returns.
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