logo

Arthur Hayes: Perp DEX Competition Heating Up, HYPE Faces Valuation Multiple Compression Risk

By: theblockbeats.news|2025/10/21 15:15:53

BlockBeats News, October 21st, BitMEX co-founder Arthur Hayes posted on social media, stating that HYPE faces the risk of valuation multiple compression. Annual revenue has almost returned to its historical high, but the token price is much lower. In the increasingly competitive environment of decentralized perpetual contract exchanges (Perp DEX), speculators are unwilling to pay a high premium for uncertain future revenue.

Predicting Market Last Week Trading Volume Surpassing Peak of US Presidential Election
Citibank Turns Bearish on Gold Price, Expects It to Fall to $4000 Within the Next Three Months

You may also like

Share
copy

Gainers

Latest Crypto News

07:15

The People's Bank of China Convenes Meeting of the Coordination Mechanism for Cracking Down on Virtual Currency Transaction Speculation

06:45

「1011 Insider Whale」 Opens New 5x ETH Short Position, Reaching $15 Million in Position Size

06:15

Today, the Hyperliquid team's address released 2.6 million HYPE from staking.

06:15

By 2025, investment institutions have poured nearly $25 billion into cryptocurrency companies, far exceeding market expectations

05:15

Yesterday the US Ethereum Spot ETF saw a net inflow of $76.6 million

Read more
Community
icon
icon
icon
icon
icon
icon
icon
icon

Customer Support@weikecs

Business Cooperation@weikecs

Quant Trading & MM[email protected]

VIP Services[email protected]