HYPEUSDT
HYPE / Tether USD
crypto Composite

Always use Coingecko for the correct contract address of any token if you are unsure. Each CA on each network of each token is listed on the left hand side of the token page.
Maybe unrelated note: If you're looking for equity like BNB that benefits from trading revenue, should be stacking HYPE. Without question. Trading revenue moving on chain. Hyperliquid is taking that revenue from Binance.

This guy knows. And this sub is comically wrong over and over again. Since I first posted about HYPE the price has gone up a LOT

Where is your $USDUC? Where is your $HYPE? Do you even meme bro?

Solana had it's run. Better off with HYPE(Hyperliquid) from here on out. SOL will go up but not like HYPE

98% down on Lucid. I thought it was the next Tesla.
I actually made a fair amount selling a few years back at its highs but held on the original investment and riding it to $0 to remind myself of the dangers of HYPE

Also $HYPE been on climb for a little, might see it come back especially AH. Y’all have a good day hope everyone gets green

HYPE is the **only coin** in all of crypto making new ATHs against BTC. That should tell you all you need to know.

$HYPE and $BTC for life and all the way!

Crypto Gainers WIF, SPX, HYPE: Meme coins soar with Bitcoin’s recovery to $106K

Long time Bitcoiner and shitcoin-shorter here. I have made good money shorting altcoin ratios against BTC. These days I *only* look for coins with proven revenue and baked in buybacks/burns into the protocol. I'm talking buybacks/burns that can *actually* cause HEAVY upwards price pressure. I mean like **actually powerful** burn/buyback mechanics, not the "omg we are on pace to burn 0.5% of supply per year if transactions 10x!!" bullshit that ETH maxis spout. You need FAR stronger burn/buyback mechanics coupled with something that has actual PMF in order to outperform the hardest asset in human history. If a coin can't outperform BTC, I don't give a F.
That said, take a look at HYPE/BTC. Look at the chart. HYPE is the **only** coin making ATHs against USD and BTC. Hyperliquid made the first on chain CLOB, ever. Essentially Binance on-chain, but better in every way. For those who don't know, no one has done this before, no one even attempted to do it, and imo, it is a "0 to 1" moment for trading infrastructure.
Oh yea, and 54% (!!!!) of all fee revenue buys $HYPE on spot markets. Since early 2025 alone, the protocol has bought 5% (!!!!) of the total supply. Even if the amount of trading stayed at these levels, it would burn something like 14-18% of supply per year. You can do the math yourself.

tldr; Controversial trader James Wynn reportedly gambled over $20,000 in donations on Hyperliquid after losing $100 million in crypto derivatives trading. Wynn used the funds to adjust his $100 million Bitcoin position with 40X leverage, despite promising donors repayment. Previously, Wynn profited $100 million before incurring $17 million in losses. His actions, including promoting a memecoin with Andrew Tate, have raised questions about his credibility. Meanwhile, Hyperliquid's token HYPE reached all-time highs with $244 billion in May trading volume.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

Looks like a marketing stunt, HYPE being benefactor. The other account that risk reverses the trade is likely the same entity. I wouldn't be surprised if they were 100% delta neutral among multiple entities.

Happy June, you crazy degens. Some updates:
* Last month, I posted about Bigcoin ($BIG) as the first and only onchain mining system. That still remains true. There have been other derivatives that have come out, trying to copy what Bigtoshi built, but none have succeeded. $BIG was in the $1-2 range. Things seemed to be consolidating, Bigtoshi was working on "merge mining" (essentially lets you direct your Bigcoin miners to other coin launching, effectively solving the sniping/fair launch problem in crypto). It was supposed to launch within 48 hours after Bigtoshi tweeted...except it never did. Bigtoshi went *silent* for two weeks. No updates, nothing. Price started bleeding out to $0.60 range...until today. You can check Bigtoshi's twitter, but apparently there was an issue with the contract migration. As a result, it was all hands on deck for Bigtoshi. All is well now, though. Price has recovered a bit to over $0.80. Update [here](https://x.com/satoshibigmoto/status/1929500258343797022). Enough about Bigcoin though. This was always going to be an extremely high risk project. There is something far, far more interesting imo going on right now. See next bullet point.
* As I have said countless times before, when it comes to altcoins, I care about one thing and one thing only: **can the alt outperform Bitcoin?** The answer, for 99% of altcoins is a big NO. It is extremely rare to find something that actually has a sustainable value accrual mechanism that pushes the price of the coin to outperform BTC. In fact, I'd argue we actually have not seen that coin emerge yet....until, *I think,* now. See my next bullet point.
* For anyone keeping track of news in crypto lately, you probably have heard of James Wynn. He's the trader who was essentially longing and shorting BTC at different times on *40x leverage* using *hundreds of millions* of dollars. His largest trade at one point was a 40x long on BTC worth a notional value of 1.1 billion dollars. Yes, BILLION. How is this possible? How are we able to *see* this guy's massive trade in real time? The answer is Hyperliquid ($HYPE)**.** See next bullet point.
* Essentially, Hyperliquid is the first and only on-chain, decentralized, transparent Central Limit Order Book (CLOB). It's essentially a Binance or Coinbase, but fully on chain. This has *never happened before*, and for anyone who understands trading infrastructure, no one has been able to build this or even thought about building this. Imo, Hyperliquid is the "0 to 1" for trading infrastructure. BTC was 0 to 1 for money. ETH was 0 to 1 for smart contracts (side note: bless ETH's heart, it has horrible value accrual, as evidenced by the long term ETH/BTC downtrend). Anyways, most dexes today are just AMMs, which although are innovative in their own right, have many downsides when compared to a CLOB. I won't go into the details too much, but the CLOB model is essentially far more efficient and faster than the AMM model. This is why James Wynn trades on Hyperliquid, and it is why Hyperliquid is even able to handle trades of his size. It's why high frequency trading happens on Hyperliquid. None of this would be possible (in an efficient way) on an AMM.
* Okay. Now we have established, again, in my opinion, that Hyperliquid is something special. Woopdy doo. All coins claim to be "special". What I care about most, again, is **can the coin outperform Bitcoin**? To do that, a coin needs a **very, very, very strong** **value accrual mechanism** that drives the price of the coin up, forever, at a faster rate than Bitcoin. Because let's be honest it is extremely difficult to outperform the hardest asset in human history. Hyperliquid has that mechanism coded into the protocol. See next point.
* \~54% of the protocol’s fee revenue is used to buy $HYPE off the market. There are other smaller token sinks as well, but Hyperliquid as a protocol essentially has a hyper-aggressive (pun intended) stock buyback built into it. It creates direct value accrual and continuous deflation for holders. 5% of the token supply has already been bought back and burned since early 2025. **5% since early 2025!!!!** This is fucking insane imo. At current burn rates, **14–18% of supply could be removed yearly**. Even modest growth from here could drive a 2–5x in value just from fundamentals, easily. Further, since launching less than 2 years ago, Hyperliquid has hit $6B–$10B daily trading volume (about 10% of Binance’s, and grown its user base by approx 800%. This is insane growth for a coin that was totally organic. No VCs, no presale, no insider dumping, none of that. This thing is growing like crazy *because* of prior bullet point above. Insane growth=more buybacks=token go up forever. Hyperliquid is a black hole that is eating all volume and liquidity from CEXes...in the same way that Bitcoin is a black hole for SoV/money.
* Valuation-wise, $HYPE currently trades at around **10x P/E**, compared to \~50x for Coinbase, \~40x for Solana, and 150x+ for Ethereum...despite stronger user growth, real cashflow, and direct buyback mechanics. Imo even at \~$30 it's still stupidly undervalued for a coin that could actually be "The House of All Finance". Remember Greshamn's law? "**Bad money drives out good".** That means people spend their "bad" money (fiat) and hoard "good" money (BTC). THE SAME LAW APPLIES TO TRADING/LIQUIDITY! You heard it here first. Hyperliquid.
Now, I am always open to discussion and criticism. Let's hear it!

James Wynn cashing out $4.12M in HYPE? Bold move, but what's the next play?

$HYPE on the way to $1 don’t miss out

tldr; James Wynn, despite losing nearly $100M last week, has sold $4.12M worth of HYPE for a $1.05M profit and opened a new 945 BTC long position with 40x leverage. Wynn's recent trading history includes significant gains followed by massive losses, flipping his net performance from +$83M to -$12M in seven days. Undeterred, he has deposited additional margin to lower his liquidation price and urged followers to buy Bitcoin, claiming crypto whales are targeting leveraged traders like him on the Hyperliquid platform.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

James Wynn offloads $4.12M HYPE and takes another $100M 40x-leveraged long bet on Bitcoin