Wall Street wealth creation model is unsustainable for most participants: Hyperliquid CEO
Hyperliquid’s founder said HIP-3 markets have been well received and let users do things they previously could not. Separately, Hyperliquid’s CEO said early Wall Street wealth-creation opportunities remain out of reach for retail participants, while the firm’s perpetual contracts are meant to broaden access.
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Traders and users who want broader access to market products are the main group affected today. Jeff said HIP-3 markets have been well received, and he said they let users do things they previously could not, which points to a wider set of actions available on the platform now. This is presented as a change in access, not as a shift in pricing or performance. (per tokenpost.com)
In practice, the setup contrasts with the old Wall Street model that the CEO described as still out of reach for retail participants. The new framing is that Hyperliquid’s perpetual contracts are intended to open access more broadly, while the basic fact that some opportunities have historically not been available to retail users remains part of the picture.
Market reaction
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Has this happened before?
| When | What happened | Figure |
|---|---|---|
| 11 days ago | Grayscale adds BitGo as custodian for its Hyperliquid staking ETF in new 8-K filing event | 1 actors in common · 3 news media |
| 11 days ago | Hyperliquid’s $10.15M token burn sent HYPE to $93 – Here’s what’s next event | 1 actors in common · 7 news media |
| 11 days ago | A Critical Day Has Arrived for This Altcoin: $337 Million in Tokens Will Be Unlocked—But There’s an Important Detail event | 1 actors in common · 3 news media |
| 11 days ago | Hyperliquid price prediction for October: Can HYPE hit $100? event | 1 actors in common · 2 news media |
| 12 days ago | Hyperliquid perpetual contracts now available on Bloomberg Terminal event | 1 actors in common · 8 news media |