Geopolitics Alpha

Hyperliquid Co-founder Jeff Yan says 24-hour clock is not onchain finance’s true differentiator

Published . Updated .

Hyperliquid (HYPE) Co-founder Jeff Yan said at Korea Blockchain Week that around-the-clock trading is not what sets onchain venues apart from traditional exchanges. Speaking in a fireside chat at Korea Blockchain Week 2026, Yan pointed out that crypto never needed conventional market hours because the asset class is inherently international, and that traditional exchanges have […]

Directly affected

  • CRCW Crypto

    Named in this report.

  • FGL FOUNDER GROUP LTD

    The reported development directly names FOUNDER GROUP LTD in the headline; GA resolved that company to FGL.

Indirectly affected

  • IBIT iShares Bitcoin Trust

    This price moves with the crypto market

  • COIN Coinbase

    The crypto exchange moves with trading volumes

  • MSTR Strategy

    This company's value is tied to its bitcoin holdings

  • MARA MARA Holdings

    Bitcoin miners move with the bitcoin price

  • RIOT Riot Platforms

    Bitcoin miners move with the bitcoin price

  • HOOD Robinhood

    Retail trading apps move with crypto volumes

  • DOL WISDOMTREE TRUE DEVELOPED INTERNATIONAL FUND

    GA selected DOL as a RELATED security because its canonical security name directly matches this event's themes: true. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.

  • FDRX CORGI ETF TR I FOUNDER-LED 2X

    GA selected FDRX as a RELATED security because its canonical security name directly matches this event's themes: founder. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.

  • BHYP BITWISE HYPERLIQUID ETF COM SH

    GA selected BHYP as a RELATED security because its canonical security name directly matches this event's themes: hyperliquid. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.

  • IVSS APPLIED FINANCE IVS US SMID ETF

    GA selected IVSS as a RELATED security because its canonical security name directly matches this event's themes: finance. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
CRCW———————
FGL———————
IBIT———————
COIN———————
MSTR———————
MARA———————
RIOT———————
HOOD———————
DOL———————
FDRX———————
BHYP———————
IVSS———————

Hyperliquid (HYPE) Co-founder Jeff Yan said at Korea Blockchain Week that around-the-clock trading is not what sets onchain venues apart from traditional exchanges. Speaking in a fireside chat at Korea Blockchain Week 2026, Yan pointed out…

Source: The Block

Price since this story was published: Founder Group (FGL)

Since the first closing price after “Hyperliquid Co-founder Jeff Yan says 24-hour clock is not onchain finance’s true differentiator,” Founder Group (FGL) is -35.92%. The S&P 500 fund (SPY) is +0.33% over the same days, a -36.25% difference versus the market.

FGL
SPY

Who gains and who loses around Founder Group (FGL)

Companies carried with this story

  • FGL Founder Group

    For “Hyperliquid Co-founder Jeff Yan says 24-hour clock is not onchain finance’s true differentiator,” Founder Group (FGL) is linked, with no stored direction, high confidence. Reason on file: The reported development directly names FOUNDER GROUP LTD in the headline; GA resolved that company to FGL

  • DOL Wisdomtree True Developed International Fund

    For “Hyperliquid Co-founder Jeff Yan says 24-hour clock is not onchain finance’s true differentiator,” Wisdomtree True Developed International Fund (DOL) is linked, with no stored direction, medium confidence. Reason on file: GA selected DOL as a RELATED security because its canonical security name directly matches this event's themes: true. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • FDRX Corgi Etf Tr I Founder-Led 2X

    For “Hyperliquid Co-founder Jeff Yan says 24-hour clock is not onchain finance’s true differentiator,” Corgi Etf Tr I Founder-Led 2X (FDRX) is linked, with no stored direction, medium confidence. Reason on file: GA selected FDRX as a RELATED security because its canonical security name directly matches this event's themes: founder. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • BHYP Bitwise Hyperliquid ETF

    In “Hyperliquid Co-founder Jeff Yan says 24-hour clock is not onchain finance’s true differentiator,” Bitwise Hyperliquid ETF (BHYP) is linked, with no stored direction, medium confidence. Reason on file: GA selected BHYP as a RELATED security because its canonical security name directly matches this event's themes: hyperliquid. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • IVSS Applied Finance Ivs Us Smid Etf

    In “Hyperliquid Co-founder Jeff Yan says 24-hour clock is not onchain finance’s true differentiator,” Applied Finance Ivs Us Smid Etf (IVSS) is linked, with no stored direction, medium confidence. Reason on file: GA selected IVSS as a RELATED security because its canonical security name directly matches this event's themes: finance. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • THYP 21Shares Hyperliquid Staking ETF

    21Shares Hyperliquid Staking ETF (THYP) is linked, with no stored direction, medium confidence in the 30 Sep 2026 story “Hyperliquid Co-founder Jeff Yan says 24-hour clock is not onchain finance’s true differentiator.” Reason on file: GA selected THYP as a RELATED security because its canonical security name directly matches this event's themes: hyperliquid. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

Founder Group (FGL)

The 30 Sep 2026 story “Hyperliquid Co-founder Jeff Yan says 24-hour clock is not onchain finance’s true differentiator” names Founder Group (FGL) because of this story.

Founder Group (FGL) is on the page because The reported development directly names FOUNDER GROUP LTD in the headline; GA resolved that company to FGL

Wisdomtree True Developed International Fund (DOL) is here too. Its reason reads: GA selected DOL as a RELATED security because its canonical security name directly matches this event's themes: true. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

Dates and price levels for Founder Group (FGL)

DOL traded between 73.23 and 77.16 across 20 sessions. The latest close on file is 73.25. FDRX traded between 24.03 and 26.42 across 3 sessions. The latest close on file is 25.35. FGL traded between 2.54 and 5.78 across 20 sessions. The latest close on file is 2.64.

What the saved facts support for Founder Group (FGL)

46 out of 100

“Hyperliquid Co-founder Jeff Yan says 24-hour clock is not onchain finance’s true differentiator” scores 46 out of 100. The score uses 1 sources, and 6 linked companies.