Up 20% in 1 Day, is Hyperliquid Worth Buying Hand Over Fist Right Now?

On August 19, Hyperliquid's price surged by 20% following President Donald Trump's statement about the Commodity Futures Trading Commission Chair Michael Selig working on a pathway for the decentralized crypto derivatives exchange to operate legally in the United States. Hyperliquid currently blocks U.S.-based users due to its uncertainty over the legality of offering perpetual futures contracts to them.

The president cannot officially authorize Hyperliquid to operate in the U.S., and no regulatory approval has been announced. The market is reacting to the possibility of a fast-track path into the U.S. market, which could generate significant transaction fees and bullish price action. Hyperliquid repurchases its coin from the market and burns it, reducing the total supply.

However, the company has seen a decline in revenue, reaching $202 million in Q2 of 2026 after peaking at $357 million in Q3 of 2025. Entering the U.S. market could help return to top-line growth, benefiting coinholders. Despite not being included in The Motley Fool's 10 best stocks list, Hyperliquid is considered worth buying hand over fist due to the potential benefits from the bear market ending.