Delphi Digital: Lists HOOD, HYPE, and LIT as Speculative Trading Thematic Investment Targets

According to the latest research report published by Delphi Digital, Dealers Always Win: Why Speculation is the Theme of the Next Decade, Robinhood (HOOD), Hyperliquid (HYPE), and Lighter (LIT) are listed as core targets for positioning in this investment theme. In evaluating these assets, Robinhood demonstrates the advantage of an integrated broker bundling event contracts, options, and cryptocurrency distribution; Hyperliquid, leveraging permissionless on-chain perpetuals and expansion protocols such as HIP-3 and HIP-4, is evolving into an on-chain clearing layer supporting multi-asset round-the-clock trading, while continuously repurchasing HYPE through protocol fees; and Lighter, which constructs its order book using zero-knowledge proofs, has also built competitive moats through zero retail fees and cross-platform distribution partnerships. Collectively, they form an infrastructure exposure designed to capture global speculative demand.