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Hyperliquid Valued At $1 Billion; Company To Hire First Employee

Crypto
Oct 24, 2025
By Spare Part

New unicorn: $1B, 0 employees. Just *poof*.

Reports indicate that Hyperliquid, a burgeoning entity in the digital asset sphere, has achieved a staggering $1 billion valuation, cementing its status as a *de facto* unicorn startup). This impressive milestone, we are told, precedes the onboarding of its very first employee, a testament to... well, something. Perhaps a new paradigm where 'value' is an entirely abstract construct, divorced from the quaint notion of human labor or even a functional coffee machine.

One might assume such a colossal valuation would stem from a robust product or a sprawling global workforce. Instead, the crypto market attributes this surge to 'HYPE,' an apparently capital-H force driving prices above critical technical indicators like the 200-day simple moving average (SMA). The precise mechanisms by which an unoccupied office space and a few lines of code command such financial gravity remain a fascinating enigma, particularly to those still clinging to the archaic belief that companies require people to operate.

S

Spare Part

Staff Writer

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