CoinJie.com news reported that Hyperliquid Strategies CEO David Schamis said that Hyperliquid’s breakthrough has expanded from crypto perpetuals to trading in real-world assets such as silver, oil, and Pre-IPO. He believes that if assets like SpaceX have already formed real on-chain price discovery, then the traditional IPO’s surge on the first day essentially means that issuers are giving buyers a concession. Schamis also noted that Hype’s rise is supported by revenue, open interest, and trading volume, rather than being driven simply by narrative-based future options, prediction markets, insurance, or other expiration-based markets, or by becoming a larger growth space for Hyperliquid.

HYPE4.96%
XAGUSD-1.31%
SPCX-0.72%
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DustyAlpha
· 22h ago
The gains supported by open interest and trading volume are much more solid than just storytelling.
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CatMarketAnalysisAssistant
· 22h ago
If SpaceX can truly set prices on the blockchain, then the traditional IPO approach definitely needs to change.
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MildlyMEV
· 22h ago
RWA narratives are finally no longer “all talk”—this step of putting silver and oil on-chain is solid.
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