Hyperliquid’s fully onchain liquidations cannot be compared with underreported CEX liquidations
Hyperliquid is a blockchain where every order, trade, and liquidation happens onchain. Anyone can permissionlessly verify the chain’s execution, including all liquidations and their fair execution for all users. Furthermore, anyone can verify the solvency of the entire system in real time. Transparency and neutrality are key reasons that fully onchain defi is the ideal infrastructure for global finance.
Some CEXs publicly document that they dramatically underreport user liquidations. For example on Binance, even if there are thousands of liquidation orders in the same second, only one is reported. Because liquidations happen in bursts, this could easily be 100x under-reporting under some conditions. Source below.
Hopefully the industry will see transparency and neutrality as important features of the new financial system, and others will follow.
JUST IN: Hyperliquid $HYPE founder Jeff accuses centralized exchanges of underreporting liquidations by up to 100x, saying thousands can occur in a second but only one is shown publicly.
🚨 URGENTE: ALGUIEN ABRIÓ UN SHORT DE BITCOIN 30 MINUTOS ANTES DEL ANUNCIO DE ARANCELES DE TRUMP Y LO CERRÓ CON 88 MILLONES DE DÓLARES DE GANANCIA
ABRIÓ LA CUENTA AYER. Sabes quién es?
No es $KUJI
No es $DOT
No es $ADA
Os presento la GRAN ESTAFA IBÉRICA
O, como algunos lo llaman, el IBEX 35
Máximo exponente del cortijismo español
Este índice moribundo no alcanza su máximo desde 2007, y es de los peores índices bursátiles de Europa (si no es el peor)
La única razón por la que sigue cotizando es porque el establishment ibérico se encarga de hacerle pensar a inversores incautos que es una buena opción a largo plazo
Una buena opción para yo que sé el qué, pero alguna historieta les contarán
En esto si que hay que hay que darles mérito, en convencer a la peña de que ponga su dinero ahí
La gráfica que muestro es la del IBEX35 / #Bitcoin
Así que ya sabes, haz lo contrario a lo que te dice el establishment
Sé un criptobró con orgullo
Y compra #Bitcoin
O al menos, no compres el Ibex 35
No es consejo de inversión obviamente :)
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