Wall Street wealth creation model is unsustainable for most participants: Hyperliquid CEO
Hyperliquid CEO Jeff Yan said at Token2049 Singapore that public investors often miss major gains because assets become widely tradable only after early growth has accrued to privileged investors. He described broader access to blockchain-based financial opportunities as Hyperliquid’s mission, with revenue a byproduct rather than its goal. Yan credited the exchange’s perpetual futures, which have no expiry dates, with simplifying trading and avoiding liquidity fragmentation. DefiLlama data put Hyperliquid third among protocols by 30-day fees, at $72 million. The piece also notes growing traditional-finance interest in onchain perpetual futures, including calls from NYSE parent ICE for regulators to enable fair competition and the NYSE’s partnership with Securitize on blockchain-based stock trading.
