Arthur Hayes Bets on Hyperliquid HYPE Reaching $150 by August 2026 on Revenue-Driven Buybacks

On 10 March 2026, BitMEX co-founder Arthur Hayes outlined a $150 price target for Hyperliquid's HYPE token by August 2026, implying around a fivefold increase from its current level near $30. His view is based on Hyperliquid channeling 97% of protocol revenue into token buybacks, projected revenue growth from features like HIP-3 and HIP-4, and a potential re-rating of HYPE's earnings multiple, though critics warn about centralization and ongoing token unlocks through 2027.