Kyle Samani Criticizes Hyperliquid: Its Architecture Only Works in a Centralized Environment, and U.S. Companies Won’t Collaborate with Them

Odaily Planet Daily News: Kyle Samani, former co-founder of Multicoin Capital, criticized Hyperliquid on X, stating: “Hyperliquid is essentially just a Binance 2.0 without a marketing team. It has made thousands of architectural design decisions that only apply to centralized environments but are completely unsuitable for permissionless, decentralized environments. Now, they are already many steps behind on this path. Additionally, no real U.S. company will collaborate with them in the future.”