Last time, after the collapse of FTX, market confidence was hit hard. But then the real yield trend with $GMX helped restore some credibility.

Now, with HyperLiquid, that same feeling is returning. The market has gone through many phases from altcoin, VC altcoin, memecoin supercycle, and now needs something familiar to restore confidence.

HyperLiquid is a perpdex exchange like $GMX, but with its own L1 chain, providing a smooth trading experience like $SOL. A special feature is that HyperLiquid does not have VC, but focuses on building a strong community. I spent a lot of time farming the HyperLiquid airdrop.

It is expected that TGE will be 3 months away. If all tokens were transferred to the community, the price chart could plummet like $FRIEND, but if allocated properly, we could see a Layer 1 of the magnitude of $SOL.