Post

Back to @Henrik_on_HL

Henrik

@Henrik_on_HL

Based on estimated 2027 earnings, $HYPE is trading at roughly 15–18x P/E. Companies like Robinhood, Interactive Brokers and CME trade at noticeably higher earnings multiples despite growing much slower. And that’s without pricing in the potential of expanding into equities, RWAs, prediction markets, or broader regulatory access over time. The market is still valuing Hyperliquid for what it is today, not for what it could become. That’s why I still think HYPE is one of the most mispriced assets in crypto.

10:52 PM · Jul 28, 2026 · 8.4K Views

5 Reposts 1 Quotes 179 Likes 12 Bookmarks

16 replies collected of 18 X reports

Reroll.gg @rerollgg · Jul 28

@Henrik_on_HL Hyperliquid is gold 😋

Dmitry @klimonchain · Jul 28 36K

@Henrik_on_HL thats still a big gap. if hype keeps executing theyre really undervalued here the market just wants proof before it rerates

MeredithFrost @Mered1thFr0st · Jul 28

@Henrik_on_HL Hyperliquid coded!

Svenn @7tics7y · Jul 28

@Henrik_on_HL Ok then how much volume should we expect on RWA perps

Coppel @CoppelReal · Jul 29

@Henrik_on_HL is this true sir? @K1ng0fTh3N0rth @_nunji

ohtani fan @LikeMJ5 · Jul 29

@Henrik_on_HL right. if we cumback bull market again many people will talk about this thesis

WaylonInvest #BIP-110 @Waylon122121 · Jul 29

@Henrik_on_HL Long term bullish on $HYPE for sure x.com/Waylon122121/status/2070…

farxxxxx @farxxxxx1 · Jul 29

@Henrik_on_HL once Hyperliquid successfully integrates prediction markets and tokenized RWAs, that P/E multiple will re-rate aggressively

Bahha @Maag0k · Jul 29

@Henrik_on_HL Hype 200$ next year

Tem X @Tem_onchain · Jul 29

@Henrik_on_HL Interesting take 15–18x for 2027 earnings does look cheap if they keep expanding into other markets

Arcane @Arcane_hl · Jul 29

@Henrik_on_HL Yeah the 15–18x 2027 P/E is the part that stands out. HOOD is still sitting around 45x+, IBKR ~36x, CME ~21x, and those are growing a lot slower. Feels like the market hasn’t priced the expansion optionality yet

S @SandyyyShores · Jul 29

@Henrik_on_HL I'm holding minimum 3 years. Let's watch this grow into the juggernaut it deserves. #HouseofallFinance #Hyperliquid $HYPE

Yowie @0xYowie · Jul 29

@Henrik_on_HL it's coz traditional investors have no clue hyperliquid exists yet

PandaTrades @SenorPandaHere · Jul 29

@Henrik_on_HL @originalmagneto Everyone is undervaluing it

GLC @GLC_Research · Jul 29 10K

@Henrik_on_HL This is based on Trailing 12m and include USDC estimated revenue. We're in bear market conditions. $HYPE is cheap and even more on a forward looking basis. hl.eco/financials/valuation/tr… x.com/GLC_Research/status/2082…

duanmuyi | 端木忆 @duanmuyi · Jul 30

@Henrik_on_HL 15–18x, based on 2027 profit estimates, is indeed significantly cheaper than HOOD/IBKR/CME. But the anchor is also changing: builder codes have already generated approximately $90M in revenue for builders (Flowscan/CoinDesk 7/28). Front-end profit sharing + HIP-3 is pushing "exchange PE" towards "financial infrastructure PE". Do you trust the fee rate/buy-and-burn multiplier more, or wait for TradeFi trading volume to reach a higher level?

original · zh

@Henrik_on_HL 15–18x若按2027利润估，确实比HOOD/IBKR/CME便宜一截。但锚点也在变：builder codes已给建设者攒出约$90M收入（Flowscan/CoinDesk 7/28）。前端分润+HIP-3，把「交易所PE」往「金融基础设施PE」推。你更信费率/买入销毁撑倍数，还是等TradFi成交再上台阶？