Hyperliquid: Are We Watching a Monetary Train Wreck? đźš‚đź’¸

Ah, dear Gracy Chen, with her astute observations akin to a watchful hawk, has laid bare the folly of Hyperliquid—a platform teetering on the precipice of calamity. She, with her penchant for dramatics, has decried the entity’s less-than-stellar reaction to a recent upheaval within the realm of perpetual exchanges, falling short of declaring it the next FTX, but perhaps only due to her restraint—or perhaps lack of popcorn. 🍿

One does wonder what goes on in the minds of those who, having just delisted JellyJelly’s perpetual futures, sit back and hope for applause. “Evidence of suspicious market activity,” they claim. How terribly exciting! Yet, one must ask: where were the vigilant eyes of decentralization amidst this chaos? Why, it seems that this decision, crafted by a cabal of validators, has cast a shadow of doubt over the platform’s promises of innovativeness and transparency.

a $340 million ETH long position that went about as smoothly as a waltz in a minefield. Ah, dear Hyperliquid, one might say your structural weaknesses resemble those of a decrepit old bridge spanning a treacherous ravine—all the while inviting jovial laughter from those on the other side!

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2025-03-27 15:41