Grayscale Estimates HYPE Long-Term P/E Ratio Between 15 and 18 Times

Grayscale analysis values HYPE at 15-18x P/E, citing real cash flows. Valuation appears low versus fintech peers like Coinbase and Robinhood.

Woofun AI reports that Grayscale estimates the long-term price-to-earnings ratio for HYPE to range between 15 and 18 times. The analysis highlights that Hyperliquid generates genuine cash flows, enabling a stock-like valuation model based on earnings per token rather than per share. Consequently, the current valuation is positioned below comparable financial technology entities such as Coinbase, Robinhood, and Circle.