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Inside Hyperliquid's Onchain Perp DEX Vision | Jeff Yan

Jun 13, 2024
Jeff Yan, Co-founder of Hyperliquid, discusses developing the HyperBFT consensus algorithm, the Vault System, and plans to decentralize the Hyperliquid L1. He shares thoughts on competing with Centralized Exchanges and future plans. The podcast explores the evolution of onchain decentralized exchanges, consensus mechanisms, and the integration of a native EVM with Hyperliquid L1, highlighting their unique approach in the crypto space.
52:36

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

  • Hyperliquid prioritizes user-centricity, driving financial innovation through unique features and a singular chain approach for DeFi activities.
  • Continuous product advancement and ecosystem growth are key aspects of Hyperliquid's strategy to stay competitive in the DeFi landscape.

Deep dives

Hyperliquid: Innovating with On-chain Perps DEX

Hyperliquid, a renowned order book-based decentralized exchange (DEX), has seen significant success in the decentralized trading space. As a pioneer in on-chain perps trading, Hyperliquid focuses on pushing boundaries to improve decentralized trading user experience. By expanding into a more than just a perps trading venue, Hyperliquid has invested in infrastructure, including building its own L1 and innovating upon it. This strategic move positions Hyperliquid uniquely in providing a strong foundation supporting various trading strategies beyond perps, democratizing access to complex trading methods typically reserved for institutional traders.

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