Monk's calculations are precise; the trillion-dollar market is indeed enticing, but with regulatory oversight hanging like a sword, who dares to go all in?

BlockBeats reports that Kyle Samani, the former co-founder of Multicoin, debated with DeFi Monk about Hyperliquid’s prospects. Monk is optimistic about its long-term potential, saying there are regulatory and competitive risks, but it could disrupt the spread-trading contract market with about $1 trillion in daily trading volume globally; if regulatory issues are resolved, it may grow into a super-large enterprise. Samani, however, disagrees, saying Hyperliquid is like “0.0 without a marketing team,” and it’s hard to gain a foothold in a permissionless decentralized environment; U.S. companies no longer cooperate, and his optimism has been overestimated.