The Perpetual Future Is Here with David Schamis & Jeroen Nieuwkoop of Hyperliquid Strategies

RiskReversal Pod

RiskReversal Media

Business News, News, Investing, Business

4.7 • 836 Ratings

🗓️ 28 May 2026

⏱️ 47 minutes

🔗️ Recording | iTunes | RSS

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Summary

Dan Nathan hosts David Schamis (CEO, Hyperliquid Strategies) and Jeroen Nieuwkoop (COO, Hyperliquid Strategies) to explain Hyperliquid, a three-and-a-half-year-old L1 blockchain built for high-throughput exchange activity and best known for perpetual futures trading. They discuss how Hyperliquid aims to be an “AWS of on-chain trading,” enabling permissionless exchanges like Trade XYZ to list perps on assets such as major U.S. equities, gold, silver, and oil, and why decentralized custody, speed, and UI/UX differentiate it from prior DEXs. They outline HYPE tokenomics, including using ~99% of protocol fees for token buybacks and burns, and define perp pricing via funding rates. The conversation covers U.S. regulatory constraints, Hyperliquid Strategies’ Nasdaq-listed DAT (PURR) formed via reverse merger to provide U.S. access to HYPE exposure, and emerging use cases like pre-IPO perps (e.g., SpaceX) for 24/7 price discovery. —FOLLOW USYouTube: @RiskReversalMediaInstagram: @riskreversalmediaTwitter: @RiskReversalLinkedIn: RiskReversal Media

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0:21.7	Listen and subscribe to Strategic Alternatives Today, available wherever you get your podcasts.
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1:27.4	All right, welcome to the Risk Reversal podcast. I'm Dan Nathan. Special for more information.
1:30.1	All right, welcome to the Risk Reversal podcast.
1:30.9	I'm Dan Nathan.
1:32.6	Special podcast for you here.
1:35.2	This is something that we have not done in a while.
	...

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