Hyperliquid founder Jeff announced that the platform operates entirely on-chain, ensuring that all orders, trades, and settlements are executed transparently. Users can verify each settlement and the system's solvency in real-time without permission, promoting transparency and neutrality in the execution process. Jeff also criticized centralized exchanges for significantly underreporting settlement data, where thousands of settlements might occur in a second, but only one is publicly reported, with actual underreporting ratios reaching up to 100 times.
Hyperliquid Founder Highlights On-Chain Trading Platform's Transparency
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