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HYPE on-chain active users reach a new high. HYPE is a key project to watch in the next bull market. During every chaotic era, weekends when traditional markets are closed and US users cannot trade high-leverage contracts due to regulatory restrictions serve as the best promotion for HYPE!
However, the biggest risk for HYPE may come from regulation. Currently, trading on the HYPE chain does not require KYC. Many US users cannot open high-leverage contracts on compliant regulated trading platforms, but on HYPE, they can access 100x leverage contracts. Additionally, HYPE has launched high-leverage options for almost all major global financial assets. If this blind expansion continues, it will inevitably attract regulatory crackdowns. Coinan is a warning from the past.
#Gate广场四月发帖挑战