Original Summary

Arthur Hayes: Hyperliquid Is the Best DEX, but Not Necessarily the Most Profitable Investment Flop Labs CEO Arthur Hayes @CryptoHayes said in a September 12 interview with VirtualBacon @virtualbacon that Hyperliquid is the best-run decentralized exchange today, and he believes the project will continue to grow.However, from an investment-return perspective, Hayes said Hyperliquid is already very large, making another 5x gain much harder. In his view, Hyperliquid may be the best DEX, but not necessarily the most profitable investment. By comparison, lower-market-cap tokens that have fallen more sharply may require much less additional market value to deliver higher multiples. WuBlockchain note: Arthur Hayes has a relatively poor historical track record on market forecasts and frequently adjusts his views. His analytical framework may be more useful to follow than his specific price targets or timing calls.

中文概览

中文标题： Arthur Hayes：Hyperliquid 是最佳 DEX，但不一定是最赚钱的投资

Arthur Hayes 在 9 月 12 日采访中表示，Hyperliquid 是当前运营最好的去中心化交易所，并认为会继续增长；但从投资回报看，其规模已很大，再涨 5 倍更难。相比之下，市值更低、跌幅更大的代币可能只需较少新增市值就能带来更高倍数。吴说区块链备注其历史预测记录较差，常调整观点，分析框架可能比具体目标更有参考价值。

  • 情报分类：商业与市场研究
  • 分类依据：加密货币投资观点与市场收益分析，属商业市场研究
  • 信息来源：金融 / 加密市场 / Wu Blockchain @WuBlockchain
  • 发布时间：2026/10/1 10:23:32