Grayscale calling Hyperliquid a future “financial services juggernaut” says a lot about where this market is heading.
Not just another perp DEX anymore.
➠ Perp volumes keep exploding
➠ $1.16B in HYPE buybacks already
➠ Exchange-level network effects forming
➠ Liquidity getting deeper every month
What’s interesting is that Hyperliquid is starting to feel less like a protocol…
and more like a full onchain financial system.
Most people still see it as “that perp chain.”
But the bigger picture is becoming obvious:
users trade there, stay there, and capital keeps circulating inside the ecosystem.
That’s how giants are built.
HYPEUSDT
Perp
59.75
+3.21%