Crypto venture capital firm Pantera Capital predicted that the potential revenue of decentralized derivatives exchange Hyperliquid (HYPE) could be five times its current level. Pantera analyzed, "Hyperliquid's potential market size reaches approximately $100 trillion based on daily nominal trading volume. If it secures a 1% market share, the platform's annual revenue is estimated to reach approximately $3.7 billion. However, regulations on perpetual futures in the US and the potential emergence of regulated platforms in the future are Hyperliquid's biggest risks. There is also a possibility that Hyperliquid may launch a regulation-compliant version targeting the US market in the future."