Hyperliquid must draw developers or risk unraveling: VanEck
The layer-1 chain needs more than a successful perpetuals exchange to justify the HYPE token’s lofty valuation, according to the asset manager.
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The layer-1 chain needs more than a successful perpetuals exchange to justify the HYPE token’s lofty valuation, according to the asset manager.
Competition is mounting among DeFi derivatives protocols after Synthetix launched on Arbitrum in July.
Synthetix faces fierce competition on the DeFi-oriented layer-2.
