Hyperliquid's $200 billion pitch: Is this next Solana-scale DeFi bet?: Asia Morning Briefing [Yahoo! Finance]
Hyperliquid Strategies Inc (PURR)
Company Research
Source: Yahoo! Finance
For a detailed overview of U.S. markets, see CoinDesk's Crypto Daybook Americas. Crypto's next $200 billion valuation debate may already be taking shape, and it looks a lot like Solana during the last cycle, according to a new report from Cantor Fitzgerald , which initiates coverage of Hyperion DeFi (HYPD) and Hyperliquid Strategies (PURR). Cantor frames the equities as more than passive digital asset treasury companies (DATs). Unlike conventional DATs that simply warehouse tokens and wait for price appreciation, both companies are positioned as yield-generating participants in the Hyperliquid ecosystem through staking, validation, and market-building activity. That operational exposure underpins a valuation thesis that treats Hyperliquid less like a speculative DeFi protocol and more like a layer 1 platform business, echoing the bull cases once applied to Solana. In Cantor's 10-year model, Hyperliquid generates more than $5 billion in annual fees and is valued at a 50x multip
Show less
Read more
Impact Snapshot
Event Time:
PURR
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
PURR alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
PURR alerts
High impacting Hyperliquid Strategies Inc news events
Weekly update
A roundup of the hottest topics
PURR
Sec Filings
- 12/23/25 - Form 4
- 12/23/25 - Form 3
- 12/12/25 - Form 4
- PURR's page on the SEC website