The rate of innovation on Hyperliquid is accelerating among apps launching new perps markets. Perps offer a faster path to bringing new asset classes onchain than tokenized spot, with the potential to unlock entirely new markets. @ventuals_' push to support trading for startups before they IPO is the latest example. Beyond equities, expect experiments with everything from social trends to market dominance (like BTC.D) to other esoteric markets. It wouldn’t be surprising if most of these experiments land on Hyperliquid. It’s the only onchain perps DEX that rivals centralized incumbents in performance and liquidity, and with HIP‑3 opening market creation to third‑party exchanges, the cost of bootstrapping and iterating new markets is collapsing. The timing couldn’t be better. With Wall Street enamored with tokenization and the cryptoeconomy starved for higher quality assets, there’s an emerging race to bring equities and other markets onchain. These races tend to favor the path of least resistance. The best bets in crypto are often the platforms that unlock the next wave of financial experimentation. And right now, Hyperliquid is a playground for one of the largest near-term opportunities in the industry. Hyperliquid.