$UNIT POTENTIAL GROWTH & VALUATION

Summary from the TLDR Crypto newsletter

Unit is rapidly becoming Hyperliquid's most dominant protocol, leading in TVL ($828M), volume ($4B), and protocol revenue. Based on current fee capture, Unit earns ~$12.8M in annualized revenue, with bullish scenarios projecting up to $340M as more Utokens launch and spot volumes grow. Valuations range from $766M to $10.8, depending on growth and trading volume assumptions, making $UNIT exposure potentially one of the most lucrative passive bets in crypto.