Petro D. | ResearchStats

@PDmytriiev

My base case for @HyperliquidX's next 12 months is $911M of revenue, with $211M of it from $USDC reserve yield. → Bear: $575M, on $5.5B of daily volume and a $4.5B treasury balance at 2.75%. → Base: $911M, on $7.75B of daily volume and a $6.5B balance at 3.24%. → Bull: $1.37B, on $11B of daily volume and a $9B balance. → Reserve yield adds 27% to 30% in every case, against $716M booked over the last 12 months.

Monday, October 12, 2026 at 01:34 PM UTC