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It's crazy how Hyperliquid's performance over the past year has fk up everyone's brain
The most common criticism around Variational is "they don't generate that much revenue"
> Variational last week volume : 5,5b for 1M revenue
> Hyperliquid : 40b volume for 7M revenue
That's 182$/million for Variational and 175$/million for Hyperliquid
If @variational_io 10x their volume, they're going to generate more revenue than Hyperliquid, and i'm not even counting the fact they have way more control over their business model than HL does
If you want to catch the next runner, you need to foresee things, not just see them