Hyperliquid Founder Slams Binance, CEXs Blaming Then of 100x Underreporting

Hyperliquid founder Jeff Yan has come forward to defend his decentralized exchange (DEX), following accusations of liquidations following last Friday’s crypto market crash. He said that the DEX’s fully on-chain liquidations cannot be compared with Binance and other CEXs, which have been underreporting by nearly 100x. Last week, top crypto exchanges like Binance, Coinbase, Kraken

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