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Is Hyperliquid Actually Worth the Hype?

TheMotleyFool

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Is Hyperliquid Actually Worth the Hype?: https://g.foolcdn.com/editorial/images/874375/investors-considers-papers-on-a-table-while-holding-a-tablet.jpg

Hyperliquid (CRYPTO: HYPE) is a blockchain that operates as a decentralized exchange (DEX) for perpetual futures -- a type of financial derivative that tracks an asset's price without expiring. It captures around 80% of all decentralized perpetual contract trading volume, making it a leader in the rapidly growing segment.

Furthermore, the network has accepted no venture capital funding, and a recent upgrade opened the platform to trading pre-IPO names, including highly popular stocks that have since launched, such as Space Exploration Technologies (NASDAQ: SPCX). So, does Hyperliquid live up to the hype, and does it deserve a place in your portfolio?

Image source: Getty Images.

Source Fool.com

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