币圈老司机🔶BNB|Mar 26, 2025 16:00
Hyperliquid proves with facts that there is no decentralized exchange, on chain exchange, everything can be manually intervened, and everything is manipulated by humans
Hyperliquid decentralized narrative is broken, can prepare empty orders now
Firstly, let's review the empty orders for tonight
Tonight, a giant whale opened a jelly hedge order on Hyperliquid
Due to intentional manipulation of the coin price to increase, after short positions are liquidated, long positions can access Hyperliquid's risk fund
Generally speaking, most exchanges will recognize losses, take them down, and fix bugs when they discover them
But this bug was encountered by Hyperliquid two weeks ago and has not been fixed, so we had to forcefully close my brother's order
Closing the position is not a big deal, at least accept the loss and claim compensation. Hyperliquid will not pay a penny and force the position to be closed at a higher price
For example, if you open BTC for $10000, it will rise to $100000
The exchange said, 'You've earned too much. I'll settle it for you at $15000, and you've also made money.'
Is this a fucking thing to make money? This is the difference between wealth, freedom and earning a little money
If it were me, I would curse his mother long ago. What rubbish???
If an on chain exchange can intervene manually at any time and take down or freeze your account at any time, what is the difference between it and centralization??
I used to think Hyperliquid on chain exchanges were awesome, but now it seems like they're just paper tigers
The most basic centralized narrative has just been cut off
I don't know if Hyperliquid will fix this bug. I already lost money last time, and I'm still losing money this time
However, it is also possible that they are helpless
However, the de neutralization exchange is indeed dead in my heart
There's no such thing as a decentralized exchange. It's all human intervention, just a shell change
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