swi278
6.7K posts


Hyperliquid’s fully onchain liquidations cannot be compared with underreported CEX liquidations Hyperliquid is a blockchain where every order, trade, and liquidation happens onchain. Anyone can permissionlessly verify the chain’s execution, including all liquidations and their fair execution for all users. Furthermore, anyone can verify the solvency of the entire system in real time. Transparency and neutrality are key reasons that fully onchain defi is the ideal infrastructure for global finance. Some CEXs publicly document that they dramatically underreport user liquidations. For example on Binance, even if there are thousands of liquidation orders in the same second, only one is reported. Because liquidations happen in bursts, this could easily be 100x under-reporting under some conditions. Source below. Hopefully the industry will see transparency and neutrality as important features of the new financial system, and others will follow.








Season 1 is wrapping up, and the TGE of Upheaval’s native token is set for next week. The next phase will be even stronger. We’ve allocated 20% of the token supply for Season 1 airdrops to: $PUP holders, Upheaval Points holders, XP holders on Based. Our focus is clear: distribution and execution. We’re here to strengthen the HyperEVM ecosystem while empowering projects to dominate on HyperCore. To participate early in Upheaval is to take a shot on the belief that Hyperliquid > CEX. Hyperliquid Blog: @upheavalfi/upheaval-tge-season-2-1739ba41dced" target="_blank" rel="nofollow noopener">medium.com/@upheavalfi/up…