HopeForHype.hl 🧲💥

HYPE generates $650m annualized revenue and trades at 14.6x. CME trades at 25x. a 24/7 perps exchange that captured 100% of global oil price discovery during the iran strike is priced cheaper than the exchange that closes every weekend. market hasnt figured out the comp yet.

Hyperliquid in WSJ print (again)

S&P Dow Jones Indices and trade[XYZ] have joined forces to launch the first official S&P 500 perpetual contract, available exclusively on Hyperliquid. For 69 years, the S&P 500 has been a defining reference point for global finance. Until now, access to that benchmark has been shaped by market hours, intermediaries, and geography. Today, that changes. The S&P 500 perp is now available 24/7/365, anchored by the official index data required for deep liquidity and institutional confidence at scale.  SPDJI helped define modern indexing. They are stewards of an iconic benchmark, the standard against which portfolios across the globe are measured. We are honored to bring that legacy on-chain. Trade[XYZ] is bringing the world's most iconic assets towards a future of global, continuous markets — a future powered by Hyperliquid.

Season Mew (2) Points is coming to a close. You can view the S1 + S2 points totals in the HypurrFi app. Points for beta card users is currently being calculated on top of Season Mew points and will be distributed in the near future. Keep purring. /mew