Over the past 2 weeks, RWA trading on Hyperliquid has repeatedly broken records, surpassing $1.3B in open interest and $1.4B in weekend volume.<\/p>\n
When traditional markets are closed, Hyperliquid is the premier venue for 24\/7 price discovery on oil, metals, indices, and other\u2026<\/p>\n
\u2014 Hyperliquid (@HyperliquidX) March 12, 2026<\/a><\/p>\n<\/blockquote>\n The structural advantages of a DEX like Hyperliquid are unmatchable when rapidly changing circumstances prompt equally volatile feelings: 24\/7 access, permissionless HIP\u20113 listings, and the ability to size into oil, gold, and equity index perps without going through a broker.<\/p>\n The Rise Of HYPE<\/p>\n Hyperliquid\u2019s native token, $HYPE, has been rallying alongside the oil: HYPE saw a surge of over 8% over the past 24 hours, reaching $37 dollars, a big improvement from previously sinking nearly below 50% of its past September high.<\/p>\n This surge aligns with BitMEX co-founder Arthur Hayes predictions. On March 9, Hayes shared an essay on his Substack<\/a> arguing why he believes that $HYPE is going to $150 by August 2026. The piece, titled \u201c$HYPE Man\u201d, frames Hyperliquid as the standout exchange\u2011token play for a volatile 2026 because it monetizes trading activity regardless of market direction. Hyperliquid is one of the largest fee\u2011generating protocols in crypto, and Hayes argues that roughly most of those fees are routed back to HYPE through buybacks and burns, turning the token into a direct bet on on-chain derivatives revenue.<\/p>\n Hayes believes that, assuming revenue climbs back toward peak levels and the market is willing to rerate Hyperliquid to a higher earnings multiple that still sits below some listed TradFi exchanges, $HYPE could go around the $150 by mid\u20112026. In his view, growth in macro\u2011linked products like oil and gold, listed through HIP\u20113, are central to this upside, since more war\u2011driven oil flow on Hyperliquid means more protocol fees and a stronger buyback engine for HYPE.<\/p>\n My essay on why $HYPE<\/a> is going to $150 by August 2026.<\/p>\n\n
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