David Schamis is the Founding Partner and CIO of Atlas Merchant Capital and now CEO of Hyperliquid Strategies. In this episode, David breaks down how serious seasoned investors think about valuing Hyperliquid, from the bull case for HYPE to the economics behind running the largest HYPE DAT in the world. We discuss what's unique about Hyperliquid, navigating mNAV dynamics as a DAT , and why Hyperliquid is well positioned to become financial infrastructure for bringing RWAs and Wall Street onchain. ------ 🔗 Essential Show Links 🔗 ► Newsletter: https://the-edge.xyz ► Youtube: https://youtube.com/@DeFiDad ► Apple: https://tinyurl.com/edgepod ► Spotify: https://tinyurl.com/edgepodspotify ► Linktree: https://linktr.ee/edge_pod ► Follow DeFi Dad: https://x.com/DeFi_Dad ► Follow Nomatic: https://x.com/Nomaticcap ► Learn DeFi: http://defidad.com/ ------ The Edge Podcast Sponsor Resources ♦️ REDSTONE | THE LEADING MODULAR BLOCKCHAIN ORACLE ♉︎ TOROS | EXPONENTIAL GAINS WITH LEVERAGED TOKENS 🌅 NEUTRL | THE NEXT GENERATION OF CRYPTO-NATIVE YIELD 🌞 SOLSTICE | PERMISSIONLESS INSTITUTIONAL YIELD ⚔️ KATANA | DEEP LIQUIDITY & REAL YIELD 🔊 DECIBEL | THE NEW SOUND OF TRADING 🥞 SYRUPUSDC BY MAPLE | DEFI'S PREMIUM YIELD ASSET 🏦 MANTLE | INNOVATING THE FUTURE OF ONCHAIN FINANCE 🐡 PUFFER INSTITUTIONAL | STAKING SOLUTIONS FOR SCALE 🌊 RIVER | A CHAIN-ABSTRACTION STABLECOIN SYSTEM ⚙️ GEARBOX PROTOCOL | ONCHAIN LENDING REIMAGINED ------ Timestamps 0:00 - Intro 5:59 - David and Bob Diamond’s careers 8:16 - How did they learn about Hyperliquid? 14:02 - The bull thesis for valuing HYPE 19:57 - Are regulators ready to embrace DeFi? 25:04 - Sponsor break 26:20 - Growing trade volume in HIP-3 markets 30:23 - What is Hyperliquid Strategies? 33:11 - Navigating market dynamics with mNAV 44:52 - Sponsor break 46:39 - Staking considerations for Hyperliquid Strategies 49:47 - Operating expenses behind running a DAT 52:02 - Merger + new PURR ticker 53:26 - Insights into Jeff’s vision 58:16 - Closing ------ 🔗 Guest Links 🔗 ► Hyperliquid Strategies on X: https://x.com/hypestrat ► David Schamis on X: https://x.com/dschamis ------ All opinions expressed by hosts and podcast guests are solely their own opinions. Podcast guests and hosts may have positions in the assets or other matters discussed in this podcast. Nomatic holds HYPE. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Do your own research. This is not a recommendation or endorsement to buy any token(s) related to any platform(s) discussed.
