According to @KookCapitalLLC, 'toly' is now building a Hyperliquid clone and HYPE is the “bitcoin of the revenue meta,” framed as the only perp DEX token worth accumulating, signaling a strong bullish stance on HYPE and Hyperliquid (source: @KookCapitalLLC on X, Oct 20, 2025). According to the same source, this claim implies a potential rotation toward HYPE relative to other perpetual DEX tokens, which could drive short-term momentum if social interest spikes (source: @KookCapitalLLC on X). Based on @KookCapitalLLC’s post, traders may monitor HYPE spot liquidity, where listed perp funding rates and open interest, and social mention velocity to gauge momentum and manage risk around this catalyst (source: @KookCapitalLLC on X). As this is a single-source opinion, the post should be treated as a sentiment catalyst rather than verified fundamental development (source: @KookCapitalLLC on X).

According to @AggrNews, public GitHub activity indicates that Toly, the co-founder of Solana, is building a perpetual DEX on the Solana network, as referenced in the report and attributed to GitHub code workstreams, source: @AggrNews; GitHub. The report provides no launch timeline, token model, or branding details for the project, limiting immediate pricing conclusions and placing emphasis on tracking repository updates for confirmation, source: @AggrNews. For trading preparation, market participants in SOL and Solana DeFi can monitor the referenced GitHub repositories for commit cadence, repository visibility, and testnet artifacts to gauge readiness before deploying liquidity or adjusting risk, source: GitHub; @AggrNews.

According to Justin Sun, Toly is lauded as a visionary leader in the cryptocurrency sector, which could influence trading strategies and market dynamics significantly. Sun's endorsement highlights Toly's innovative approaches, potentially impacting investor confidence and market trends.

According to Jesse Pollak, culture, meme, and media coins have the potential to hold significant value if they are developed intelligently. Pollak contrasts this with 'bundled, extractive, down only' coins, which, as Toly suggests, have shown to possess no real value in the market. This perspective suggests traders should seek coins with strategic frameworks rather than those that merely ride the hype cycle (source: Jesse Pollak on Twitter).