Hyperliquid's HYPE price will hit $150 by August, predicts Arthur Hayes

BitMEX co-founder Arthur Hayes has issued a bold $150 price target for Hyperliquid’s HYPE token by August 2026, representing a potential fivefold increase from its current $30 level. Hayes’ thesis centers on Hyperliquid’s unique "deflationary loop," where 97% of protocol revenue is used to buy back HYPE tokens, coupled with the rapid growth of permissionless traditional asset markets like oil and the Nasdaq through HIP-3.