Grayscale - Hyperliquid Breaks the Mold

ahboyashreads (@ahboyashreads), May 27, 2026, 14:55 UTC

Grayscale - Hyperliquid Breaks the Mold Hyperliquid is the breakout success of modern crypto, a high-performance L1 blockchain with a fully onchain order book focused on perpetual futures and spot trading The post highlights Hyperliquid’s impressive 2025 metrics: roughly $800 million in revenue, ranking as the 8th largest crypto asset by market cap, achieved without VC backing while remaining geoblocked in the U.S https://research.grayscale.com/reports/hyperliquid-breaks-the-mold

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