Hyperliquid’s $200 billion pitch: Is this next Solana-scale DeFi bet?: Asia Morning Briefing

Cantor says Hyperliquid is trading infrastructure, not speculative DeFi, with HYPD and PURR offering exposure to fees, buybacks, and CEX share gains.

source https://www.coindesk.com/markets/2025/12/17/cantor-models-usd200-billion-hype-token-valuation-on-hyperliquid-fee-economics-asia-morning-briefing

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