Hyperliquid’s Transparent Model Gains Momentum as HYPE Rises 8% Despite Weekly Dip

• Hyperliquid introduces radical transparency with the first large on-chain order book.
• Open market design fosters competition, improving execution and price discovery.
• Transparency deters insider exploitation and boosts systemic integrity in trading.

Hyperliquid is quickly capturing attention in the crypto markets, and it’s for more than just the recent price action of its native HYPE token. The platform is making a name for itself with some bold innovations in how trading markets are structured. 

The HYPE token itself saw a nearly 8% jump in the last 24 hours, reaching $36.09. Despite a slight dip of 3.94% over the past week, the project remains robust with a market cap of over $12 billion. 

With trading volume approaching $300 million in a single day, Hyperliquid’s growth signals increasing user interest. However, what sets Hyperliquid apart isn’t just its price action, it’s the radical transparency of its trading platform, which has sparked both criticism and support in recent discussions.

Hyperliquid Pushes for a New Era of Transparent Trading

According to co-founder Jeff,  Hyperliquid operates the first large-scale, fully transparent orde…

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