Hyperliquid’s market share has fallen to 19% from 75% due to rising competitors like Lighter. Jeff Yan emphasizes integrity and neutrality in blocking market makers, aiming for a fair trading environment.
Skepticism around transparency persists post the Lighter DEX controversy involving undisclosed airdrop activities. Despite HYPE’s recent 2% price increase to 24.8 USD, its market position remains shaky.
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