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Hyperliquid Founder Denies Special Arrangements with Market Makers

Jeff, founder of Hyperliquid, stated in a podcast that the project has never engaged in special agreements with market makers despite industry rumors.

HYPE

Summary

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Terms & Concepts
  • Market Maker: An individual or firm that provides liquidity to markets by being ready to buy and sell assets at publicly quoted prices.
  • Decentralized Exchange (DEX): A peer-to-peer marketplace that allows cryptocurrency traders to transact without relying on intermediaries.