# The Perpetual Future Is Here with David Schamis & Jeroen Nieuwkoop of Hyperliquid Strategies

Page: https://stenobird.com/podcast/riskreversal-pod-1366742/the-perpetual-future-is-here-with-david-schamis-jeroen-nieuwkoop-of-hyperliquid-strategies
Text version: https://stenobird.com/podcast/riskreversal-pod-1366742/the-perpetual-future-is-here-with-david-schamis-jeroen-nieuwkoop-of-hyperliquid-strategies.md
Podcast: [RiskReversal Pod](https://stenobird.com/podcast/riskreversal-pod-1366742)
Published: 2026-05-28T14:04:00+00:00
Episode link: https://traffic.megaphone.fm/RRM9031608696.mp3
Audio file: https://traffic.megaphone.fm/RRM9031608696.mp3
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JSON: https://stenobird.com/v1/public/podcasts/riskreversal-pod-1366742/episodes/the-perpetual-future-is-here-with-david-schamis-jeroen-nieuwkoop-of-hyperliquid-strategies
Duration seconds: 2753

## Resource

Dan Nathan hosts David Schamis (CEO, Hyperliquid Strategies) and Jeroen Nieuwkoop (COO, Hyperliquid Strategies) to explain Hyperliquid, a three-and-a-half-year-old L1 blockchain built for high-throughput exchange activity and best known for perpetual futures trading. They discuss how Hyperliquid aims to be an “AWS of on-chain trading,” enabling permissionless exchanges like Trade XYZ to list perps on assets such as major U.S. equities, gold, silver, and oil, and why decentralized custody, speed, and UI/UX differentiate it from prior DEXs. They outline HYPE tokenomics, including using ~99% of protocol fees for token buybacks and burns, and define perp pricing via funding rates. The conversation covers U.S. regulatory constraints, Hyperliquid Strategies’ Nasdaq-listed DAT (PURR) formed via reverse merger to provide U.S. access to HYPE exposure, and emerging use cases like pre-IPO perps (e.g., SpaceX) for 24/7 price discovery. —FOLLOW USYouTube: @RiskReversalMediaInstagram: @riskreversalmediaTwitter: @RiskReversalLinkedIn: RiskReversal Media

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## Transcript

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