Main meals:
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The noise has increased more than 300 % since April, driven by the increasing use of excessive liquid exchange and the high interest of the investor.
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HyperLiIID now leads the Deptralized Deartuduals market, which treats more than 70 % of the Dex Perp size.
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97 % of protocol fees revenue in noise re -purchases is reinvested, while aligning the distinctive code incentives with the growth of the platform.
The height of the liquid is a moment. Since its local bottom in April, the noise (noise) increased by more than 300 % in just two months, reaching the highest level ever on Tuesday before dilution slightly. Meanwhile, the Layer-1 Blockchain forces quietly became one of the largest players in Defi.
The numbers speak for themselves. Excessive liquid is now the eighth rank among all Blockchains of the total closed value (TVL), with a lock of $ 1.75 billion, according to L. Deville. Its pioneering product-DEX high-performance-now wipes more than $ 420 million in daily size, ranked sixth among all decentralized stock exchanges.
Now, the Assad Group listed on the NASDAC has recently announced that it will retain $ 600 million in reserves with noise as basic treasury assets.
The momentum is building. However, the question remains: Does the ups of the distinctive symbol support the basics, or is this just a noise cycle?
What makes excessive liquid distinctive?
It was launched in 2023 by the study’s classmates at Harvard Jeff Yan and Elensik, and Hyperlequid is one of the few major encryption projects that will be launched without external financing.
Hyperleliid’s goal: providing self -need and transparency for decentralized exchange, with the repetition of speed and comfort that is usually on the central platforms.
In practice, DeX provides a smooth experience, with features such as one click trading, direct deposits of more than 30 chains, access to immediate markets, margin and permanent.
It is worth noting that it avoids the complexity of the assets in blocking assets by providing permanent contracts related to symbolic prices instead of the same symbols – a design that prefers efficiency but limits the ability to authorship and the interlocutor operation. It also puts great confidence in price accuracy and financing rate mechanisms.
This Dex is designed on Blockchain Hyperleviber, a dedicated layer using a variable of the consensus of tolerance with Byzantine rift (BFT) called Hyperbft. The protocol depends on the rapid communication of the large size between the contract and the demands to support up to 200,000 transactions per second.
However, this productivity comes at a cost: decentralization. The network currently operates with 21 delegates, which is not blatant with ethereum 14200 Holding the implementation layer.
The platform reached a critical turning point in November 2024, when the daily trading volume jumped ten times, from two billion dollars to more than 20 billion dollars. It now includes more than 500,000 users.
Distinctive symbol noise
Building a wonderful product one thing. Its liquidation is useful to carry the distinctive symbol useful is completely something else.
The noise code was launched via Airdrop in November 2024, distributing 31 % of the total offer of 1 billion symbols for users. So far, and The most valuable Airdrop On date, it amounted to $ 11 billion after one month. Currently, 334 million noise codes are proud of a maximum of 12.4 billion dollars, which means a fully diluted evaluation of about 38 billion dollars.
The noise as a whole is a gas symbol and the principles of governance for the excessive liquid chain. It can be reduced on platforms, either directly or by verifying health.
However, the question continues: Will HAMPE HYPE give a long -term value?
CEO of Moonrock Capital Simon Didik Cross Doubts about x:
“I love liquid adultery. I really appreciate everything they built and I think frankly it is one of the best projects in every encryption. But seriously – who buys The noise at approximately 50 billion dollars [of fully diluted valuation]? How is the risk/bonus rate still reasonable here? “
Users who answered, including encryption analyst SophisticatedIf their ideas are clear about this, on the pretext that the evaluation is related to the concession of Hyperleliid performance and the capabilities of the sector.
For example, HyperLELIKUD is currently 70 % of all permanent decentralized tools, but only 10 % From Binance Global Folders. The bullish trend of the closure of this gap is huge, especially if the organizational climate in the United States is improving.
Moreover, the noise supply is carefully managed. Over the past six months, the Hyperliviid assistance fund collected 910 million dollars In noise re -purchasing, approximately 97 % of the platform fee revenues in the noise.
Currently, only 34 % of the total display is traded, with most of the team’s distinctive symbols (23.8 % of the total offer) until 2027-2028. Also, approximately 39 % of the total offer is allocated for the distribution of “societal rewards” gradually. And because the project was not raised from VCS, there is no external pressure to empty the symbols.
In this light, the evaluation of $ 38 billion to $ 45 billion may be high, but not necessarily irrational, especially for long -term holders who believe in the protocol path.
According to ANSEM, current buyers are likely to include VCS in the late stage of early rounds, where the TRADFI P/E analysts are applied to encryption, ETH or Sol-Whales rotates to what they see as the following dominant trading layer.
Related to: South Korea to investigate local encryption fees
The hyperlooking appears to be in a good position to attract capital. However, this is not always strength. Over and over again, investors and users prefer a central platform for their comfort, just to remind them later that decentralization is more than just an ideological preference – it is a choice of flexibility design. Central risk rarely matters – to suddenly.
This article does not contain investment advice or recommendations. Each step includes investment and risk trading, and readers must conduct their own research when making a decision.
