On December 15th, top trader Eugene shared the recently popular DEX project Hyperliquid on his social platform. Eugene stated

"HL (Hyperliquid) is the best Deriv DEX on the market, far ahead, deserving of the market share and fan base it has accumulated; everything founder Jeff and his team have done so far has been right, even paving the way for other founders to establish a 'correct' token issuance strategy.

However, since the TGE, the token price has actually followed a parabolic trajectory, and I believe the current price has reached a very attractive level for early airdrop recipients. In my view, the hype's promotional volume is equivalent to the peak market share of the entire CT. The speed of accumulation also reflects the enthusiasm of many marginal buyers, especially above $10.

I have no opinion on the hype (long-term or short-term), but I greatly admire the achievements they have made in such a short time. Given that I am bombarded with questions about this topic every day, these are just my thoughts$BTC