According to @KookCapitalLLC, headlines about US citizens gaining access to Hyperliquid, Binance and other offshore exchanges should be viewed as bullish hype rather than a fundamental catalyst for perpetual futures markets (source: @KookCapitalLLC post on X, Aug 28, 2025). According to @KookCapitalLLC, past launches of perp products by Coinbase and Binance similarly created hype without improving user alignment, with these offerings allegedly trading against users (source: @KookCapitalLLC). According to @KookCapitalLLC, traders should treat such access and product-launch news as sentiment-driven and prioritize assessment of venue mechanics and alignment risks when positioning in perps (source: @KookCapitalLLC).