According to @ThinkingUSD, HyperliquidX has received minimal press coverage because it lacks insider private investors seeking to create retail hype for token dumps. This unique market structure has resulted in a community-driven ecosystem where early participants, described as degens, have seen significant trading success. For traders, this reduces the risk of sudden price drops from insider sell-offs, potentially creating a more stable environment for both short-term and long-term strategies. Source: @ThinkingUSD, Twitter, May 25, 2025.

According to @GreeksLive, cryptocurrency traders, often referred to as 'degens', show a preference for gambling on decentralized exchanges (DEXs) rather than trading zero days to expiration (0DTE) options on Bitcoin (BTC).