---
title: "Hyperliquid’s HYPE one of crypto’s most undervalued assets, says Bitwise"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/287082345.md"
description: "Bitwise has identified Hyperliquid’s HYPE token as one of the most undervalued crypto assets, suggesting that investors are overlooking its potential expansion into equities, commodities, and prediction markets. The firm's token buyback model positions HYPE more similarly to companies like Robinhood or CME rather than typical DeFi projects."
datetime: "2026-05-20T14:20:12.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/287082345.md)
  - [en](https://longbridge.com/en/news/287082345.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/287082345.md)
---

# Hyperliquid’s HYPE one of crypto’s most undervalued assets, says Bitwise

-   Bitwise said Hyperliquid’s HYPE token is one of the most undervalued crypto assets.
-   The investment management firm argued investors are underestimating Hyperliquid’s ambitions beyond crypto into equities, commodities and prediction markets.
-   HYPE’s token buyback model makes it more comparable to firms like Robinhood or CME than traditional DeFi projects, the report said.

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