Arthur Hayes abandons Memecoin and opts for a DeFi protocol with real benefits
Source: CoinWorld
Time: 2025-09-14 20:22:44
BitMEX co-founder Arthur Hayes announced that he no longer bets on speculative investments in memecoin, but instead shifts his focus toward DeFi projects such as EtherFi, Ethena and Hyperliquid that can generate revenue and reward token holders. His goal is to achieve 34x, 51x and 130x returns by 2028, respectively, and emphasizes sustainable returns rather than hype-driven assets. Hayes still believes Bitcoin will reach $700,000 by 2030, but he believes DeFi can provide more room for asymmetric upside.