Hyperliquid’s Founder Jeff Yan Explains Why They Rejected All Venture Capital

• Yan explained how he started the decentralized platform, his beliefs behind it, and why he chose to grow it slowly
• He emphasized that VCs often foster an illusion of progress by bloating valuations without delivering real utility
• Hyperliquid processed $1.8 trillion annually, with $10 billion daily trading volume

In a recent interview, Hyperliquid’s founder Jeff Yan explained how he started the decentralized platform, his beliefs behind it, and why he chose to grow it slowly. Yan’s strategy has quietly allowed Hyperliquid to become one of the most successful self-funded projects in the cryptocurrency space.

“I was never really doing it for money. I think trading teaches you that money is really just a number,” Yan said, since the platform was wholly self-funded from inception with no venture capital. 

He emphasized that VCs often foster an illusion of progress by bloating valuations without delivering real utility. Instead, Yan decided to focus on what’s best for users and the community, not what looks good to investors.

He described Hyperliquid as a project that is not focused on making a profit. Rather, it’s a new way of doing things where the co…

The post Hyperliquid’s Founder Jeff Yan Explains Why They Rejected All Venture Capital appeared first on Coin Edition.