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Decrypt News · Thursday · 56 min

Hyperliquid Joins Wall Street

On today's FOMO Hour, hosts Farokh and TylerD react to Hyperliquid's partnership with the New York Stock Exchange, which sent HYPE up about 15% on a flat day for majors. The hosts also discuss Bitcoin's range around $80,000, Pump.fun's revenue relative to Hyperliquid, and new Robinhood Chain asset listings. Guest Eric Conner (Econoar), an early Ethereum builder and co-author of EIP-1559, argues that 24/7 stock trading on blockchains is inevitable and that Hyperliquid and Lighter will both play a role as perpetual futures come to the US. He also explains why meme stocks on Robinhood Chain, such as the Hims & Hers-linked BONER, have brought free on-chain liquidity to tokenized stocks, and addresses pushback from companies like McDonald's and AMC. The episode closes with a look at the US midterms and the broader market outlook. A next-generation media company capturing the most compelling narratives in emerging technology. Decrypt was founded in 2018 with a simple mission: to demystify the decentralized web. As the crypto industry’s impact has grown, so has our coverage. Today, we exist to capture compelling narratives that span technology’s reach into every facet of life. We’re passionate about the interplay between technology and culture. This dynamic space is filled with untold stories. We’re here to tell them and create a few of our own. Our mission is to inform readers about current events, educate them about emerging technology, and empower those with a creative vision to bring it to life. Hosted on Acast. See acast.com/privacy for more information.

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transcript

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show notes

On today's FOMO Hour, hosts Farokh and TylerD react to Hyperliquid's partnership with the New York Stock Exchange, which sent HYPE up about 15% on a flat day for majors. The hosts also discuss Bitcoin's range around $80,000, Pump.fun's revenue relative to Hyperliquid, and new Robinhood Chain asset listings.


Guest Eric Conner (Econoar), an early Ethereum builder and co-author of EIP-1559, argues that 24/7 stock trading on blockchains is inevitable and that Hyperliquid and Lighter will both play a role as perpetual futures come to the US.


He also explains why meme stocks on Robinhood Chain, such as the Hims & Hers-linked BONER, have brought free on-chain liquidity to tokenized stocks, and addresses pushback from companies like McDonald's and AMC. The episode closes with a look at the US midterms and the broader market outlook.

A next-generation media company capturing the most compelling narratives in emerging technology. Decrypt was founded in 2018 with a simple mission: to demystify the decentralized web. As the crypto industry’s impact has grown, so has our coverage. Today, we exist to capture compelling narratives that span technology’s reach into every facet of life. We’re passionate about the interplay between technology and culture. This dynamic space is filled with untold stories. We’re here to tell them and create a few of our own. Our mission is to inform readers about current events, educate them about emerging technology, and empower those with a creative vision to bring it to life.


Hosted on Acast. See acast.com/privacy for more information.

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