Wintermute-linked wallets won about 76% of Hyperliquid priority data auctions in the past month

Odaily reports that Wintermute has become the dominant user of Hyperliquid's priority data auction mechanism. This mechanism allows traders to bid for early access to incoming buy and sell orders before they are processed, giving them a few milliseconds to adjust quotes or hedge on other platforms. Over the past month, a wallet linked to Wintermute won approximately 76% of the highest-priority data slot auctions. DRW founder Don Wilson previously questioned the fairness of the mechanism and whether it can meet U.S. regulatory requirements. Hyperliquid Labs stated that anyone can participate in the bidding, and all priority fees are paid publicly on-chain.