Hayes Dumps Memecoins, Bets Big on DeFi Yield
Update: 2025-09-13
Description
BitMEX co-founder Arthur Hayes is ditching memecoins like PEPE, calling them too risky for serious investing. Instead, he's betting big on high-yield DeFi protocols like EtherFi, Ethena, and Hyperliquid, drawn to their revenue-sharing models and potential for massive returns (34x-130x). While still bullish on Bitcoin hitting $700k, Hayes sees DeFi as the key to unlocking trillions in the evolving crypto landscape, favoring projects with real revenue, viable products, and direct rewards for token holders.
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