---
title: "Hyperliquid must draw developers or risk unraveling: VanEck"
url: https://diffcoin.com/hyperliquid-must-draw-developers-or-risk-unraveling-vaneck/
description: "The layer-1 chain needs more than a successful perpetuals exchange to justify the HYPE token’s lofty valuation, according to the asset manager. Source link"
published: 2025-01-07
updated: 2025-01-07
author: "Mila"
site: "Diffcoin"
---

# Hyperliquid must draw developers or risk unraveling: VanEck

The layer-1 chain needs more than a successful perpetuals exchange to justify the HYPE token’s lofty valuation, according to the asset manager.

[Source link](https://cointelegraph.com/news/hyperliquid-developers-risk-unraveling-vaneck?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound)