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CZ: Hyperliquid’s innovation is great, but I won’t follow Hyperliquid’s approach

2026-06-16 15:41

Odaily Planet Daily News: Galaxy’s head of research shared CZ’s opinion on Hyperliquid on platform X. CZ stated: "I think this innovation by Hyperliquid is really great. They occupy a niche market that Binance cannot compete in. They don’t have KYC verification and claim to be decentralized."

CZ also mentioned that based on his own industry experience, he would not adopt Hyperliquid’s current operational model, and joked: "I guess they must have some really good lawyers."

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