Yan Liberman

Delphi Ventures representative offering macro and market positioning views, trading experience and commentary on product-market fit across crypto infrastructure and exchanges.

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Oct 2, 2025 • 1h 2min

Hivemind: State of The Market, Hyperliquid, Plasma & Tether's $500B Valuation

Duncan from Flood Capital, an early-stage investor known for his keen insights, and Yan Liberman from Delphi Ventures, a macro market guru, dive into the recovering crypto landscape. They analyze the concerning low volumes in SOL DAT amidst leverage risks and discuss Tether's eye-popping $500B valuation. The duo explores the competitive DEX wars, Hyperliquid’s market position, and the implications of tokenizing real-world assets, all revealing the ongoing dynamic shifts in the crypto market. Grab insights as they dissect fundraising strategies and market hopes.

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