Hyperliquid Founder Calls Out CEXs for Underreporting Liquidations, Launches HIP-3 Upgrade
Hyperliquid founder Jeff has taken aim at centralized exchanges (CEXs), accusing them of severely underreporting liquidation data and misleading users about the scale of risk during volatile market conditions. In a post on X, Jeff claimed that even when “thousands of liquidations occur within a single second,” some CEXs only display one liquidation event publicly, … Read more