tech
Hyperliquid was on everyone's lips at the exclusive SALT crypto conference in Jackson Hole
The spectacular Wyoming village of Jackson Hole is marked by gorgeous mountain peaks, plentiful wildlife, and, for a few days every August, a gathering of the most powerful people in crypto. They come to take part in Anthony Scaramucci’s SALT conference, which has become the industry’s most high-signal event. I tagged along this year, and sat down with the likes of Binance’s CZ and former New York Governor Andrew Cuomo, who has a new gig repping crypto exchange OKX. The person who made the biggest impression on me, though, was Hyperliquid Strategies CEO David Schamis. He is not well known in crypto circles—but that’s likely to change due to his company’s recent rocketship trajectory.
TL;DR
- Hyperliquid Strategies, CEO David Schamis, is gaining prominence at the SALT crypto conference.
- The company operates a successful Digital Asset Treasury (DAT) with its HYPE token.
- The Hyperliquid DeFi platform generates significant fee income from perpetual futures trading, which is used to burn HYPE tokens.
- Hyperliquid's customer base includes both crypto traders and commodities traders.
- The company is planning to launch a regulated U.S. operation.
- Hyperliquid has influential supporters, including President Trump and the Chairman of the CFTC.
- Key figures driving Hyperliquid's U.S. push include David Schamis and crypto lawyer Jake Chervinsky.