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Jeff Yan - High Frequency Crypto Market Making & the Hyperliquid Exchange (S6E2)
Flirting with Models
Hyper Liquid: How We Built It
We're basically building it because when trading on DeFi, we were perplexed. We kind of wanted to figure out what people actually wanted and what was not being serviced well in the market. So I think the page for traders is you like finance, you like buy there, you like something that's centralized that you'd rather not have to trust. There will be this thing hyper liquid. Just the same liquidity, high spreads, instant confirmations, epsilon gas. Basically gas to the extent of preventing the loss but the chain itself can handle tens of thousands of orders per second without an issue. That is basically the vision. The system's only as decentralized as its weakest component
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