# The HyperEVM Opportunity

*Author: Bankless*
*Published: Feb 20, 2025*
*Source: https://www.bankless.com/fr/read/the-hyperevm-opportunity*

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[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2025/02/image-22--1--1.png)](https://www.bankless.com/sponsor/frax-1737128738?ref=read/defi-play-of-the-week-hyperevm&email=true)

  

The HyperEVM Opportunity
  

  
  Published on Feb 20, 2025

[
  
  View in Browser

](https://bankless.com/read/briefs)
 

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[**Sponsor: Frax**](https://www.bankless.com/sponsor/frax-1737128738?ref=read/defi-play-of-the-week-hyperevm&email=true) — Fraxtal Ecosystem: Where DeFi Meets AI.

[Learn More](https://www.bankless.com/sponsor/frax-1737128738?ref=read/defi-play-of-the-week-hyperevm&email=true)

.  .  .

 
  
    
      
      NEED TO KNOW
    
    
  
  
    
SEC Rebrand?
  

  

 

- **🚫 SEC Dismisses Its Own Appeal Over Crypto "Dealer Rule."** The SEC is already kicking off efforts to [unwind Gary Gensler's legacy](https://www.bankless.com/read/sec-dimisses-its-own-appeal-over-crypto-dealer-rule) at the agency.
- 🚔** SEC's Crypto Enforcement Unit Gets Rebranded.** [Meet](https://www.bankless.com/read/secs-crypto-enforcement-unit-gets-rebranded) the 'Cyber and Emerging Technologies Unit.'
- **🇦🇷** **LIBRA Memecoin Backers Lost $251M: Nansen.** Some big money was lost from the [collapse of the Milei-endorsed memecoin](https://www.bankless.com/read/libra-memecoin-backes-lost-more-than-250m-nansen).
📸**Daily Market Snapshot: **Donald Trump won his second term three months ago and sent Bitcoin prices soaring. Flash forward to the present, and BTC hasn't budged much, trading inside a relatively tight range while investors wait for a breakout.

Prices as of 5pm ET
24hr
7d

 

       ![](https://banklesspublic.b-cdn.net/cmc.png)
    

  **Crypto**
   
          $3.23T
       

  
    
    ↗ 1.6%
    
  

   
    
    ↗ 1.2%
  

       ![](https://banklesspublic.b-cdn.net/btc.png)
    

  **BTC**
   
          $98,275
       

  
    
    ↗ 2.0%
    
  

   
    
    ↗ 1.9%
    
  

       ![](https://banklesspublic.b-cdn.net/eth.png)
    

  **ETH**
   
          $2,734
       

  
    
    ↗ 0.8%
    
  

   
    
    ↗ 2.5%  

 

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      CHEAT SHEET
    
    
  
  
    
Yap-to-Earn

    
  
 

*Every Thursday, Citizens get access to the top Market Plays, Hot Reads, Farming Opps, and Airdrop Hunts that our analyst team is tracking! Don't miss out!* 👇

[Become a Citizen](https://www.bankless.com/join)

.  .  .

 
  
    

PLAY OF THE WEEK

  
  

  The HyperEVM Opp
  
   
     
     Bankless Analyst: 
     
       [
       
        Jack Inabinet](https://www.bankless.com/author/jack)
     
    
 

[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2025/02/image---2025-02-19T213744.344.png)](https://www.bankless.com/read/defi-play-of-the-week-hyperevm)Hyperliquid is already [processing](https://dune.com/x3research/hyperliquid) billions of dollars in trades per day and has solidified itself as a go-to destination for onchain degens looking to leverage trade crypto tokens.

Its HYPE airdrop last December stunned industry observers with lucrative six-figure paydays for many participants. Now, Hyperliquid is leveling up with the HyperEVM, a general-purpose blockchain that allows developers to innovate on Hyperliquid’s existing offerings.

And the best part? The majority of HyperEVM protocols are tokenless, meaning airdrop rewards could be on the way for early network users! *If you missed the first Hyperliquid airdrop, don’t sleep on this list of top drop opps. 👇*

[Unlock the Alpha](https://www.bankless.com/read/defi-play-of-the-week-hyperevm)
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