# Hyperliquid Ecosystem > hype risk warning **Published by:** [dongxue](https://paragraph.com/@dongxue/) **Published on:** 2024-12-18 **URL:** https://paragraph.com/@dongxue/hyperliquid-ecosystem ## Content Since the airdrop brought about the wealth-creating effect, Hyperliquid's native token HYPE has been rising since its listing, and the price has increased by more than 3 times since the airdrop. The rise of HYPE has also driven up the prices of other tokens on Hyperliquid, bringing a strong wealth effect to the Hyperliquid ecosystem. I personally think that the current valuation of HYPE is still expensive, the pool is not deep enough, and the liquidity is not good, so I hope everyone still pays attention to the risks. ## Publication Information - [dongxue](https://paragraph.com/@dongxue/): Publication homepage - [All Posts](https://paragraph.com/@dongxue/): More posts from this publication - [RSS Feed](https://api.paragraph.com/blogs/rss/@dongxue): Subscribe to updates ## Optional - [Collect as NFT](https://paragraph.com/@dongxue/hyperliquid-ecosystem): Support the author by collecting this post - [View Collectors](https://paragraph.com/@dongxue/hyperliquid-ecosystem/collectors): See who has collected this post