Arthur Hayes challenges Multicoin’s Samani to $100K HYPE bet
The post Arthur Hayes challenges Multicoin’s Samani to $100K HYPE bet appeared on BitcoinEthereumNews.com.
A public feud between two high-profile crypto investors has turned into a proposed six-month price wager. Summary Hayes offered a six-month bet on HYPE’s performance against large-cap altcoins. The challenge followed sharp criticism from Multicoin’s Kyle Samani. The wager highlights growing debate over Hyperliquid’s structure and value. BitMEX co-founder Arthur Hayes has challenged Multicoin Capital co-founder Kyle Samani to a $100,000 bet over the future performance of Hyperliquid’s HYPE token. The proposal was posted on X on Feb. 8, 2026, after Hayes reposted and responded to Samani’s sharp criticism of the project. Under the terms outlined by Hayes, the bet would run from 00:00 UTC on Feb. 10 through 00:00 UTC on July 31, 2026. During that period, Hyperliquid (HYPE) would need to outperform any altcoin with a market capitalization above $1 billion on CoinGecko. Samani would be allowed to select the comparison token. The loser would donate $100,000 to a charity chosen by the winner. The exchange comes as Hyperliquid and its token remain in focus among derivatives traders, even as the wider market trades under pressure. Dispute over Hyperliquid’s structure and leadership The bet follows weeks of criticism from Samani, who has repeatedly questioned Hyperliquid’s design and governance. In recent posts, Samani said the platform’s code is not fully open-source, relies on a permissioned distribution model, and is led by a founder who left his home country to launch the business. He also accused the project of enabling criminal activity and described it as fundamentally flawed. Since $HYPE is bad @KyleSamani let’s make a bet. I bet that from 00:00 UTC 10 Feb 2026 to 00:00 UTC 31 July 2026 $HYPE will out perform any shitcoin >$1bn mcap on coingecko in USD terms. You choose your champion. Loser donates $100k to a charity of the winner’s choice. https://t.co/9n3TjxiRPk…
Filed under: News - @ February 9, 2026 2:24 am