{"podcast":{"title":"The Milk Road Show","slug":"the-milk-road-show-5039790","podcast_index_feed_id":5039790,"rss_url":"https://anchor.fm/s/83d264f4/podcast/rss","website_url":"https://link.milkroad.com/pod-newsletter","image_url":"https://d3t3ozftmdmh3i.cloudfront.net/staging/podcast_uploaded_nologo/22016037/22016037-1718880487558-b081b1905715f.jpg","author":"The Milk Road Show","episode_count":994,"summary":"The next crypto winners won’t be obvious until they’ve already run. Our job is to find them first. 5 episodes a week exploring the future of finance, the people building it, and the next big bull market. Looking for a shortcut? We bought Micron (217%), Hyperliquid (55%), and Galaxy (37%) before their big runs. See our next call for just $1: https://milkroad.com/pro/?utm_medium=social&utm_source=youtube_crypto","last_synced_at":"2026-07-30T08:18:10.569331+00:00","page_url":"https://stenobird.com/podcast/the-milk-road-show-5039790"},"episode":{"title":"Bitwise: Hyperliquid Could Be Crypto’s Most Mispriced Asset w/ Matt Hougan & Ryan Rasmussen","slug":"bitwise-hyperliquid-could-be-crypto-s-most-mispriced-asset-w-matt-hougan-ryan-rasmussen","published_at":"2026-05-28T18:15:00+00:00","page_url":"https://stenobird.com/podcast/the-milk-road-show-5039790/bitwise-hyperliquid-could-be-crypto-s-most-mispriced-asset-w-matt-hougan-ryan-rasmussen","show_page_url":"https://stenobird.com/podcast/the-milk-road-show-5039790","url":"https://podcasters.spotify.com/pod/show/milk-road/episodes/Bitwise-Hyperliquid-Could-Be-Cryptos-Most-Mispriced-Asset-w-Matt-Hougan--Ryan-Rasmussen-e3k1aqo","audio_url":"https://anchor.fm/s/83d264f4/podcast/play/120678680/https%3A%2F%2Fd3ctxlq1ktw2nl.cloudfront.net%2Fstaging%2F2026-4-28%2F425071928-44100-2-dbef7cae11d14.mp3","summary":"🧠 Capitalize on this bull market by tracking our PRO analysts' portfolios and live trades - just $1 for 7 days. ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ~~~~~ Matt Hougan and Ryan Rasmussen from Bitwise broke down why they think Hyperliquid ($HYPE) could STILL be massively undervalued. Even though it's already become one of crypto's biggest winners this cycle. We get into the rise of "Gen 2" crypto tokens, why Hyperliquid's tokenomics are fundamentally different from previous cycles, and how onchain perpetuals could reshape global financial markets. ~~~~~ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⚡Wealth is evolving, use Nexo to earn, borrow, and trade crypto all in one secure platform. ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠📱Your carrier sells your data, switch to Cape and get 33% off your first 6 months with code MILKROAD.⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠🔮 Turn your takes into trades on Kalshi: predict real-world outcomes, and get $10 free when you trade $10⁠⁠⁠ ~~~~~ 🔧 Tools & Channels ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠🥛 Check prices, drink coffee, read Milk Road. It’s the easiest 5-minute habit to stay smart on crypto. ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ~~~~~ ✊ Follow Milk Road on Social Media: 👉 Milk Road Twitter: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://link.milkroad.com/X⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠…","meta_description":"🧠 Capitalize on this bull market by tracking our PRO analysts' portfolios and live trades - just $1 for 7 days. ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ~~~~~ Matt Hougan and Ryan Ras…","key_points":[],"chapters":[],"topics":[],"duration_seconds":2356,"processing_state":"not_requested","actions":[{"name":"request_transcript","method":"POST","url":"https://stenobird.com/v1/public/podcasts/the-milk-road-show-5039790/episodes/bitwise-hyperliquid-could-be-crypto-s-most-mispriced-asset-w-matt-hougan-ryan-rasmussen/transcription-requests","description":"Idempotently request low-priority transcript generation for this episode."},{"name":"read_markdown","method":"GET","url":"https://stenobird.com/podcast/the-milk-road-show-5039790/bitwise-hyperliquid-could-be-crypto-s-most-mispriced-asset-w-matt-hougan-ryan-rasmussen.md","description":"Read the agent-friendly Markdown representation of this episode resource."}]}}