Common misconception: decentralized perpetuals must choose between the transparency of on‑chain execution and the speed/liquidity of centralized venues. That binary is the mental shortcut most traders use when they decide whether to move capital into a decentralized perpetual exchange (perp DEX). It’s convenient, but increasingly inaccurate. Hyperliquid is one of the projects attempting to collapse that trade‑off by redesigning the stack from the chain up, and the differences are practical, not just theoretical. This article cuts through the marketing and […]
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