[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]

@defi_monk Avatar @defi_monk MONK

Hyperliquid, related to MONK, has seen significant developments, including the release of a new report with a $13b valuation and potential for further growth. The platform has also introduced on-chain order books, changing the dynamics of crypto trading. Additionally, a new perpetual contract, the XYZ U.S. XXX index, has been launched on the Hyperliquid UI.

Engagements: XXXXX #

Engagements Line Chart

Mentions: XX #

Mentions Line Chart

Followers: XXXXXX #

Followers Line Chart

CreatorRank: XXXXXXX #

CreatorRank Line Chart

Social Influence

Social category influence exchanges #957 cryptocurrencies XXXXX% finance XXXXX%

Social topic influence hyperliquid #64, crypto 11.11%, business 11.11%, flow 11.11%, $hype 11.11%, exchanges 11.11%, maker 5.56%, polymarket 5.56%, $50b 5.56%, token XXXX%

Top accounts mentioned or mentioned by @0xtulipking @blknoiz06 @prane00 @fullport @polymarket @primodata @easyeatsbodega @salxyz @bullpenfi @humidifis @syncracycapital @ryanwatkins @highcoinviction @wilsonwithiam @tonydong @cookerflips @notthreadguy @0xkyle__ @thisisnuse @priorxbt

Top assets mentioned Hyperliquid (HYPE)

Top Social Posts

Top posts by engagements in the last XX hours

"1. Market makers dont have to leave their business is literally to be on every exchange that has enough flow to accommodate them X. The maker / taker split is not XX% / 5%if anything theres probably more taker volume than maker volume on hyperliquid"
X Link 2025-12-10T02:47Z 19.9K followers, 17.7K engagements

"Only in crypto do people look at perps volume going exponential over the past 5Y and assume YoY growth going forward is going to be the same as a late stage B2B SaaS business"
X Link 2025-12-10T05:23Z 19.9K followers, 14.6K engagements

"@_Fullport @Polymarket @primo_data @EasyEatsBodega @0xTulipKing @blknoiz06 @salxyz @BullpenFi 🔥🔥"
X Link 2025-12-10T05:51Z 19.9K followers, XXX engagements

"Think @humidifis litepaper is one of the best Ive read in the last two years tbh"
X Link 2025-12-10T05:59Z 19.9K followers, 4150 engagements

"You guys realize that Hyperliquid basically kickstarted a perp dex farming industrial complex because $HYPE ran to $50B. The inorganic activity we are seeing today on pre-TGE perp DEXs exists in sizes previously unimaginable when perp DEX tokens were expected to be 2B fdv max"
X Link 2025-12-10T16:14Z 19.9K followers, 13.9K engagements

"To be clear I dont blame the actual DEXs for this. Actually its great that we get to stress test the infrastructure before they start acquiring more organic traders"
X Link 2025-12-10T16:19Z 19.9K followers, 1722 engagements

"1) A Valuation of Hyperliquid Key takeaways from my latest Messari report My updated valuation outlook on the $HYPE token places it at a $13B FDV with the potential to rerate higher than $30B in the right market conditions. Let's dive in: 🧵👇"
X Link 2024-11-11T17:03Z 19.9K followers, 360.5K engagements

"Responding to my pals @0xTulipKing and @CookerFlips here. As always starting with some things I agree with: 10/10 was objectively bad for all perp exchanges and there was a ton of value destruction involved with their core user cohort. It will take time to work through this recovery but I just don't believe perp interest is in secular decline. Yes you can spin builder code front ends like Phantom into something that becomes detrimental in the long-run (akin to Jupiter becoming the more valuable piece of real estate vs. the underlying DEXs that feed into it). However builder codes are so early"
X Link 2025-11-19T23:29Z 19.9K followers, 63.5K engagements

"1. Makes sense but its not as mutually exclusive ie retail flow can be on both exchanges and mm flow can be on both exchanges. X. Inventory neutral is basically MMs yes but the biggest bar is XX% retail takers and XX% mms. So the real split is like XX% retail takers/ directional and XX% market making. Basically retail / directional volumes make up the majority of volumes on hyperliquid. This makes sense of course because makers will usually only match trades with other takers while takers can match trades with both makers and other takers. So 95/5 in the opposite direction in your example is"
X Link 2025-12-10T03:02Z 19.9K followers, 1454 engagements

"To provide some context on this chart it was basically done over one weekend a not a large enough sample size to say its rigorous research). Data X month old. But yes would venture to say that over XX% of trades on Lighter are potentially from washtrading according to the analysis"
X Link 2025-12-10T16:07Z 19.9K followers, XXX engagements

"On the second question I actually think Hyperliquid market share should come down (have written multiple messari reports on this saying XX% share is unsustainable). Perps r winner takes most so hype volume / oi share is likely anywhere from 40-70% of the market. I think fees are so low rn versus CEXs that any more fee compression on the base hypercore app is unnecessary (HIP-3 is completely different because equities is much more fee sensitive). I think we disagree on HLs moat. If it was easy building what hyperliquid and lighter have thered be a real competitor on Solana or Base already"
X Link 2025-12-10T03:46Z 19.9K followers, XXX engagements

"Keep in mind every trade on a perp dex needs to be paired. Lets just say for simplicitys sake: inventory neutral = mm and directional = retail. Red is mm getting matched with mm (100% mm) Gray is retail getting matched with mm (50% retail / XX% mm) Blue is retail getting matched with retail (100% retail)"
X Link 2025-12-10T03:39Z 19.9K followers, XXX engagements

"Everyone breaking down perp DEX tradeoffs like alt-L1s continues to affirm my belief that this is the new L1 trade. Reratings abound when people realize how valuable these platforms will be under the new regulatory paradigm"
X Link 2025-12-10T16:28Z 19.9K followers, 7207 engagements