Crypto Scenario Insights
What happened
Hyperliquid, a decentralized exchange, reported that Real-World Assets (RWAs), primarily tokenized stocks, accounted for 54% of its weekly trading volume (July 13-19), totaling $26 billion.
What we think
The most likely outcome is a neutral impact on the broader crypto market in the short-to-medium term (55% probability), with Hyperliquid and its HYPE token being the primary beneficiaries of increased RWA trading volume.…
Read the analysis
Hyperliquid's RWA Dominance: A New Era for DeFi or Niche Trend?
We explain what happened and what could follow. We do not forecast prices.