BitMEX co-founder Arthur Hayes has highlighted a potential risk of valuation compression for HYPE, a decentralized exchange. Despite annual revenue nearing its all-time high, HYPE's price remains significantly lower. Hayes noted that in the competitive perpetual swap decentralized exchange market, speculators are hesitant to pay high premiums for uncertain future revenue.
Arthur Hayes Warns of Valuation Compression Risk for HYPE
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.