最新报道:According to Bijie.com, ABCDE co-founder Du Jun posted on the X platform that HYPE's buyback model is insufficient to support a fully diluted valuation (FDV) of $45 billion, arguing that the risks and rewards are not balanced. He pointed out that even if Hyperliquid's market capitalization surpasses BNB, the theoretical profit potential is only about three times higher. The perpetual contract DEX market is highly competitive, with strong competitors. Furthermore, Hyperliquid has yet to experience major compliance and security incidents, and if issues arise, the downside risk could be significant.