@TrustlessState@Lighter_xyz as a fan of perp dexs, I don't see how non-KYC perp dexs will be on a level playing field with centralized exchanges?
All the zk and transparency comes second to AML
@ajey_eth The "he would have paid $X on hyperliquid for the equivalent volume" is a dumb argument imo. He wouldn't have done as much much volume if he was on HL because of the fees.
The "he would have paid $X on hyperliquid for the equivalent volume" is a dumb argument imo. He wouldn't have done as much much volume if he was on HL because of the fees.
@bullishsun Genuine question do you not think you owe it to your users to not give them obviously net negative products?
This is much worse than any trading feature or market I’ve ever seen.
@RobertSagurton What do you think of lighter’s architecture? Inherits Ethereum’s security and proves more than any centralized matching engine before it
I might be going crazy but you said "you can only be liquidated by the oracle price, not the mark price"
and then linked out to docs that say "The mark price—used for margining, liquidations, stop/limit triggers, and unrealized P&L"
@HyperliquidPC@SECPaulSAtkins It matters where settlement is happening though, no?
Curious if Hyperliquid has plans to reduce their stake weight in the validator set. As it stands it's obviously too centralized.
I hate Coinbase as much as the next guy, but comparing Coinbase revenue to Hyperliquid revenue is apples to oranges because Coinbase can't offer perps to US users.
I know Hyperliquid technically can't but Coinbase actually can't.
A very famous crypto founder told me they recently closed a $10M+ private round with @a16z
I saw them spend $200K+ at E11even last night…
Your series A is sponsoring BBLs, not the next Kalshi / Polymarket