Hyperliquid co-founder and CEO Jeff Yan said at Token2049 Singapore that the traditional Wall Street model of wealth creation is not sustainable for most participants, arguing that retail investors are often shut out of the most meaningful upside because assets such as company shares typically become available to the public only after listing. Yan said Hyperliquid is focused on broadening access to wealth creation and participation in the financial system, with revenue treated as a byproduct of delivering user value rather than the company’s optimization target. He also pointed to perpetual contracts as a product structure that reduces the number of decisions traders need to make and avoids liquidity fragmentation because the instruments do not expire. Hyperliquid generated $72 million in revenue over the past 30 days, ranking third among DeFi protocols by revenue. The report also cited Pantera’s July view that onchain perpetuals could become a mainstream trading instrument in global finance because of structural advantages, and noted prior comments from Intercontinental Exchange CEO Jeffrey Sprecher calling for a level regulatory playing field for around-the-clock onchain perpetuals. In March, NYSE partnered with tokenization platform Securitize to develop blockchain-based stock trading infrastructure.
Hyperliquid co-founder and CEO Jeff Yan said at Token2049 Singapore that the traditional Wall Street model of wealth creation is not sustainable for most participants, according to Cointelegraph as cited by Odaily.
Yan said assets such as company shares are often opened to the public only after they list, leaving retail investors without access to the main phase of pre-listing gains.
He said Hyperliquid’s main goal is to expand access to wealth creation and participation in the financial system. Revenue, he said, is a byproduct of delivering value to users rather than something the company is trying to optimize.
On product design, Yan said Hyperliquid’s perpetual contracts do not have an expiry date. That structure can reduce the number of decisions traders need to make and avoid fragmented liquidity.
Hyperliquid generated $72 million in revenue over the past 30 days, ranking third among DeFi protocols by revenue.
The report also referenced other market voices. Pantera said in July that onchain perpetuals could become a mainstream trading instrument in global financial markets because of their structural advantages. Jeffrey Sprecher, CEO of Intercontinental Exchange, the parent company of the New York Stock Exchange, has also called on regulators to create a level playing field for 24/7 onchain perpetuals.
In March, NYSE partnered with tokenization platform Securitize to develop blockchain-based infrastructure for stock trading.
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