Hyperliquid’s biggest risk is regulation, says Ran Neuner

Hyperliquid’s biggest risk is regulation, says Ran Neuner

Özet: Kripto piyasasında önemli gelişmeler yaşanıyor.

Speaking on Cointelegraph’s Chain Reaction podcast, Neuner said regulators have begun establishing rules for centralized crypto exchanges and predicted decentralized platforms would be next.

“The biggest issue is that we don’t know how regulators are going to treat the decentralized exchanges,” Neuner said.

He added: Hyperliquid is a layer-1 blockchain best known for its decentralized perpetual futures exchange, which leads the sector with about $223 billion in trading volume over the past 30 days, according to DeFiLlama data.

Neuner argued that Hyperliquid’s network effects make it difficult for competitors to challenge the platform simply by replicating its technology.

“You can’t copy a network,” he said.

“There can be a thousand competitors to Uber.

Hardly any.” Neuner said the same dynamic applies to trading platforms, where users tend to gravitate toward exchanges with deeper liquidity because it allows them to enter and exit positions more easily.

“When something is a network, naturally users will flock to the busiest or the best node,” he said.

Related: HYPE treasury firm Hyperliquid Strategies boosts equity facility to $2.5B Despite Neuner’s concerns over regulation, US officials have signaled that Hyperliquid could gain a compliant pathway into the country.

Analiz: Piyasa hareketliliği devam ediyor.