Hyperliquid Defies Market Downturn as SpaceX, Anthropic, OpenAI IPOs Loom
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Hyperliquid Defies Market Downturn as SpaceX, Anthropic, OpenAI IPOs Loom
Matthew Pinnock, COO of Altura DeFi, stated that the Cerebras market demonstrated how on-chain infrastructure can surpass traditional secondary markets concerning price formation. “24/7 crypto rails, leveraged positioning, and global participation can create faster consensus around late-stage private assets, especially in sectors like AI where demand is heavily retail-driven and information moves swiftly,” he explained.
The category presents significant regulatory risk, Pinnock noted, adding that he anticipates regulators will eventually examine whether pre-IPO perpetual products act...