Hyperliquid: From Crypto Venue to Cross-Asset Infrastructure
Jan 27, 2026
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Discussed in today's video:
HIP-3 builder-deployed perpetuals are structurally expanding Hyperliquid’s addressable market. Rapid growth in non-crypto, exogenous assets, particularly commodities, points to an evolution beyond a pure crypto venue toward broader on-chain market infrastructure. Recent price action likely reflects some degree of re-rating. As capital rotates into metals and other macro-sensitive assets, investors appear to be reassessing HYPE as exposure to cross-asset spec...