Ryan Watkins: Hyperliquid Will Dominate Global Finance (It’s Coming To USA)

Hyperliquid is poised to dominate global finance by enabling the trading of virtually any asset with any collateral from anywhere in the world. Ryan Watkins has included Hyperliquid in his portfolio for over two years, noting its impressive run rate of approximately $200 million, despite facing regulatory challenges. He believes that as Hyperliquid prepares to enter the U.S. market, it will experience significant growth and is already achieving all-time highs in market share against competitors like Coinbase and Binance.

The trajectory of blockchain trading is expected to rise annually, which will likely lead to increased revenue for businesses involved in this space. Watkins emphasizes that traditional markets are transitioning on-chain, a trend that is anticipated to continue. He advises that assessing Hyperliquid's performance requires a combination of various metrics rather than relying on a single indicator.

Currently, the market is under-allocated to crypto, indicating potential for future growth. However, Watkins notes that founders in the crypto space face increased scrutiny regarding fundamentals, making it more challenging to succeed. His portfolio strategy focuses on on-chain businesses with sustainable total addressable markets and robust tokenomics.

Watkins identifies Bitcoin as a likely winning store of value asset due to its first-mover advantage and capped supply of 21 million. He also suggests that the blockchain with the most economic activity will emerge as a leading store of value. While privacy features can be integrated into any blockchain, he points out that Zcash has deviated from its original privacy goals.

The emergence of social trading is creating a new era in finance, allowing real-time tracking of traders' profits and positions. Watkins predicts significant expansion in this category over the next one to two years, which will lead to larger profits and increased media coverage of substantial earnings. Creator rewards, estimated at around two million dollars per week, are incentivizing users to share successful trading strategies.

The trading landscape is evolving, with new generations seeking public track records for both fame and financial gain. Beyond trading, there are numerous financial opportunities in blockchain, including high-yield credit options and prediction markets. The phenomenon of meme coin trading is expected to persist, continuing to attract participants.

Watkins emphasizes that an individual's identity in finance is shaped by their track record, highlighting the importance of reputation in the industry. He also critiques the financial media, suggesting that there is a significant amount of "fugazi," or inauthenticity, in some reporting. He notes that average crypto researchers could potentially leave their jobs after achieving substantial profits, underscoring the lucrative opportunities available in the crypto space.

He predicts that finance will become increasingly entertaining as new games and participants enter the market, indicating a shift in how financial activities are perceived. Many users are now downloading trading applications primarily for entertainment rather than serious trading, reflecting a change in user engagement with financial tools. Despite not personally trading meme coins, Watkins admits to experiencing daily FOMO, illustrating the pervasive influence of market trends.

Watkins acknowledges the growth of his brand over the past five to six years, showcasing his personal success in the evolving financial landscape. He expresses optimism for positive developments in the finance sector by Q2 of next year, suggesting a hopeful outlook for future changes in the industry.