- Buy Crypto
- Markets
Futures- Spot
- Copy Trade
- Earn
- More
Hyperliquid Clarifies Baseless Accusations: Platform's Status Transparent and Verifiable, Will Progressively Decentralize and Ultimately Be Fully Open Source
BlockBeats News, December 22nd, Hyperliquid officially clarified a recent article that made unfounded accusations against it. The article claimed that Hyperliquid had issues related to solvency, integrity, transparency, etc. The response to 10 specific accusations is as follows:
System undercollateralized by $3.62 billion: False, the article's author overlooked HyperEVM USDC (parallel to the Arbitrum bridge), with the current USDC total being $43.51 billion.
Manipulating transaction volume through TestnetSetYesterdayUserVlm: False, this is only a testnet feature and cannot be invoked on the mainnet.
Some users have privileges such as fee waivers or manipulating airdrops: False, all fees, balances, and transactions are on-chain visible, with no distortion mechanism.
CoreWriter's "God Mode" for minting, fund transfers, etc.: False, it is the way HyperEVM smart contracts send HyperCore operations, without the mentioned privileges.
Governance can freeze the chain with no undo function: Misunderstanding, freezing is used for network upgrades, similar to a hard fork on other chains, the L1 was not frozen during the POPCAT event in November 2025, only the Arbitrum bridge was automatically locked as a security measure.
A single private key can instantly set the oracle price: Misunderstanding, HIP-3 oracles are configured by the deployer and can use MPC, etc. The perpetual contract operated by validators uses a weighted median price, with no delay to ensure security.
8 undisclosed addresses control all transaction submissions: False, some transactions have been directly sent by validators, future upgrades will include MEV and anti-censorship mechanisms.
The liquidation cartel has an unfair advantage: Misunderstanding, only HLP can act as a backstop for liquidation, and deposits are permissionless, with most liquidations processed through the order book.
Hidden lending protocol involving over $1 million in funds: False, the portfolio margin, lending, and HLP are openly announced pre-alpha versions with documented records.
ModifyNonCirculatingSupply can change token supply: False, HIP-1 token supply is fixed, this function is only for display purposes, and does not affect execution.
You may also like
How WEEX and LALIGA Redefine Elite Performance
WEEX x LALIGA partnership: Where trading discipline meets football excellence. Discover how WEEX, official regional partner in Hong Kong & Taiwan, brings crypto and sports fans together through shared values of strategy, control, and long-term performance.
Best Crypto to Buy Now February 10 – XRP, Solana, Dogecoin
Key Takeaways XRP is set to revolutionize cross-border transactions, potentially reaching $5 by the end of Q2 with…
Kyle Samani Criticizes Hyperliquid in Explosive Post-Departure Market Commentary
Key Takeaways: Kyle Samani, former co-founder of Multicoin Capital, publicly criticizes Hyperliquid, labeling it a systemic risk. Samani’s…
Leading AI Claude Forecasts the Price of XRP, Cardano, and Ethereum by the End of 2026
Key Takeaways: XRP’s value is projected to reach $8 by 2026 due to major institutional adoption. Cardano (ADA)…
Bitcoin Price Prediction: Alarming New Research Cautions Millions in BTC at Risk of ‘Quantum Freeze’ – Are You Ready?
Key Takeaways Quantum Threat to Bitcoin: The rise of quantum computing presents a unique security challenge to Bitcoin,…
XRP Price Prediction: Could XRP Ultimately Surpass Bitcoin and Ethereum?
Key Takeaways XRP has maintained a strong position despite a recent 12% drop, suggesting potential for growth. Analyst…
Best Crypto to Buy Now February 6 – XRP, Solana, Bitcoin
Key Takeaways The cryptocurrency market is experiencing pressure due to a technology-sector selloff, affecting digital assets like Bitcoin.…
South Korea Broadens Crypto Market Investigation Following Bithumb’s $44 Billion Bitcoin Error
Key Takeaways South Korea intensifies scrutiny on cryptocurrency exchange operations after Bithumb’s significant Bitcoin transaction error. Regulatory bodies,…
Tom Lee-Supported Bitmine Dominates 3.6% of Ethereum Supply Post-Price Crash
Key Takeaways Bitmine Immersion Technologies now controls 3.6% of Ethereum’s total supply after strategic purchases during market downturns.…
XRP Yearly Returns Hit Record Low Since 2023
Key Takeaways XRP’s yearly returns are at their lowest since 2023, as the crypto market grapples with a…
BTC Traders Eye $50K as Potential Bottom: Key Metrics to Monitor This Week
Key Takeaways Traders are closely monitoring the potential bottom for Bitcoin at $50,000 as recent price movements suggest…
Fraudulent ‘XRP’ Issued Token Sparks Confusion on the XRP Ledger
Key Takeaways An imposter XRP token is causing bewilderment within the XRP community by being superficially identical to…
XRP Yearly Returns Reach Their Lowest Point Since 2023
Key Takeaways XRP’s weakest annual performance since 2023 highlights the ongoing struggles within the cryptocurrency market. Market dynamics…
Cardano ‘Midnight Fixes Everything’: Charles Hoskinson
Key Takeaways Cardano’s Midnight sidechain, launched in December 2025, is championed by Charles Hoskinson as a solution to…
SHIB Army Burns 3,564,772 SHIB, While Half Quadrillion Coins Remain in Circulation
Key Takeaways The Shiba Inu community has collectively burned nearly 3.5 million SHIB tokens recently, yet a substantial…
XRP Ledger Network Activity Decreases by 80% as Institutional Participation Wanes
Key Takeaways: Recent metrics indicate an 80% decline in XRP Ledger network activity, correlating with diminished institutional involvement.…
Michael Saylor Insists “We Will Not Be Selling” As Strategy (MSTR) Stock Breaks Out
Key Takeaways Strategy, formerly MicroStrategy, remains highly sensitive to Bitcoin’s volatile market, with its stock performance closely mirroring…
Brad Garlinghouse Adds Personal Touch to XRP Community Day with Exclusive Merch
Key Takeaways Brad Garlinghouse, CEO of Ripple, has personally signed exclusive merchandise for XRP Community Day, adding excitement…
How WEEX and LALIGA Redefine Elite Performance
WEEX x LALIGA partnership: Where trading discipline meets football excellence. Discover how WEEX, official regional partner in Hong Kong & Taiwan, brings crypto and sports fans together through shared values of strategy, control, and long-term performance.
Best Crypto to Buy Now February 10 – XRP, Solana, Dogecoin
Key Takeaways XRP is set to revolutionize cross-border transactions, potentially reaching $5 by the end of Q2 with…
Kyle Samani Criticizes Hyperliquid in Explosive Post-Departure Market Commentary
Key Takeaways: Kyle Samani, former co-founder of Multicoin Capital, publicly criticizes Hyperliquid, labeling it a systemic risk. Samani’s…
Leading AI Claude Forecasts the Price of XRP, Cardano, and Ethereum by the End of 2026
Key Takeaways: XRP’s value is projected to reach $8 by 2026 due to major institutional adoption. Cardano (ADA)…
Bitcoin Price Prediction: Alarming New Research Cautions Millions in BTC at Risk of ‘Quantum Freeze’ – Are You Ready?
Key Takeaways Quantum Threat to Bitcoin: The rise of quantum computing presents a unique security challenge to Bitcoin,…
XRP Price Prediction: Could XRP Ultimately Surpass Bitcoin and Ethereum?
Key Takeaways XRP has maintained a strong position despite a recent 12% drop, suggesting potential for growth. Analyst…
App