The price of popularity—and a lesson for all: Hyperliquid
After a generous airdrop in November 2024, the decentralised exchange (DEX) Hyperliquid drew industry-wide attention and topped trading volumes, ahead of Jupiter and dYdX. High transaction throughput, no KYC requirements and ample liquidity made the platform a welcoming venue for crypto whales. High-risk positions worth about $8m opened on the DEX on 26 March 2025 […]