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The Daily Verified Briefing

Bitwise Says Hyperliquid HYPE Undervalued as Multi Asset Platform

Published 20 May 2026

The native token of the Hyperliquid trading platform, HYPE, has surged nearly 77% year-to-date, yet remains undervalued according to a prominent investment firm. Bitwise Asset Management argues the market is incorrectly pricing the asset by viewing Hyperliquid solely as a cryptocurrency derivatives exchange rather than...

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