Why FIs Should Use Hyperliquid’s Playbook for Crypto

Hyperliquid is a live case study that proves that in tokenized markets, liquidity is the product, and the winners will be the FIs that engineer execution quality, incentives, and finality as one coherent stack. Tokenized dollars don’t matter unless they’re deeply liquid in the right workflows, and stablecoins must be treated as liquidity instruments, not just another way of doing payments. If FIs and banks approach stablecoins as a balance sheet project instead of a liquidity and distribution strategy, they risk becoming reserves managers while others capture benefits of customer relationships and fees. 

Fragmented rails and liquidity will become a disadvantage because deep, concentrated liquidity produces tighter spreads, simpler routing, lower slippage, and better reliability for all participants. FIs should build or partner toward unified liquidity hubs, adopt programmable incentive models to attract key players like market makers, and modernize risk frameworks from a focus on reconciliation risk to protocol and operational risks.

Key questions discussed in this Digital Assets & Crypto report: 

• What makes Hyperliquid’s playbook unique?
• What problems does Hyperliquid solve?
• Why is Hyperliquid’s stablecoin strategy a big deal? 

Companies Mentioned: 

ApplePay, CBOE, CME group, Defi llama, FedNow, Hyperliquid, LayerZero, RTP, SWIFT