How me and @_LetMeDo_ pulling up to event.hl in Singapore featuring @B33Fbanks Hyperliquid.

thank me later

#Hyperliquid may be on track to become #FTX 2.0. The way it handled the $JELLY incident was immature, unethical, and unprofessional, triggering user losses and casting serious doubts over its integrity. Despite presenting itself as an innovative decentralized exchange with a bold vision, Hyperliquid operates more like an offshore CEX with no KYC/AML, enabling illicit flows and bad actors. The decision to close the $JELLY market and force settlement of positions at a favorable price sets a dangerous precedent. Trust—not capital—is the foundation of any exchange (CEX and DEX alike), and once lost, it’s almost impossible to recover. Moreover, the platform's product design reveals alarming flaws: mixed vaults that expose users to systemic risk, and unrestricted position sizes that open the door to manipulation. Unless these issues are addressed, more altcoins may be weaponized against Hyperliquid—putting it at risk of becoming the next catastrophic failure in crypto.

Luca Netz says he could TGE Abstract at $2b-$3b tomorrow... but is going for the $20b-$30b home run

Today we launch .hl.hn with @ensdomains ENS can now resolve your .hl name. .hl.hn lets supported apps and wallets resolve your name from Hyperliquid using ENS infrastructure. Built on ERC-3668 (CCIP Read) and ENSIP-10 (Wildcard Resolution). One .hl name for everything you do.

Open interest reached an all-time high of $18B on Hyperliquid