---
type: entity
entity_type: person
name: Arthur Hayes
role: CIO, Maelstrom Capital
domain: internet-finance
tags: [investor, analyst, crypto-markets]
---

# Arthur Hayes

**Role:** CIO, Maelstrom Capital

## Overview

Arthur Hayes is the Chief Investment Officer of Maelstrom Capital and a prominent crypto investor and analyst. His track record includes correct early calls on Ethereum (2015), BitMEX's perpetual futures model as the dominant crypto product, and the post-FTX "crypto winter is over" thesis.

## Timeline

- **2026-04-30** — Published analysis arguing HYPE token ownership gives Hyperliquid structural competitive advantage over Polymarket and Kalshi in prediction markets; predicted "Hyperliquid HIP-4 will quickly become a dominant prediction market because of Hyperliquid's large user base, much cheaper trading fees, and very robust tech infrastructure"

## Significance

Hayes is directionally right more often than wrong on crypto market structure. His predictions create testable hypotheses for market evolution.