Hyperliquid HYPE Announces Multi-Coin Revaluation and Expansion Plans

Hyperliquid (HYPE) has been revalued as a major holding asset of the liquid fund by Multicoin Capital. Multicoin Capital has been purchasing HYPE since the beginning of the year and currently views it as one of the largest positions in the liquid fund. Hyperliquid plans to expand as an integrated platform trading various assets on a decentralized perpetual futures exchange. The trading volume is expected to reach approximately $2.9 trillion in 2025, with revenues projected at around $873 million, and the number of users is anticipated to increase from about 301,000 to 923,000. Open interest is expected to rise to about $6 billion, with Hyperliquid holding over 59% of the open interest in the decentralized perpetual futures market. Multicoin Capital has identified assets beyond cryptocurrencies as the next area of expansion for Hyperliquid, planning to support trading of real-world linked assets such as crude oil, gold, silver, stock indices, and individual stocks through HIP-3. HyperEVM is described as a foundation that allows financial applications to leverage the platform's pricing and liquidity, creating a structure that connects trading liquidity with external financial applications. However, there are warnings that as the platform's functionalities increase, a review of the trading structure and operational system will be necessary.

This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.