Jeff Yan: The concept of competitors is being replaced by ecological synergy On February 19th, Jeff Yan, founder of Hyperliquid, stated in an interview with the When Shift Happens channel that although there are many participants in the financial field, there are actually significant synergies between different protocols, and they should have a relationship of both cooperation and competition. He believes that the ecological development of the project is path dependent, and Hyperliquid's success today is due to its adherence to the "no insider" principle and core concept of fairness and openness to users from day one. During this process, there will definitely be fragmentation of liquidity and internal competition, but ultimately a more powerful system will emerge. It is difficult to find a strict competitor based on the concept of whether the community can unite and build a better alternative solution than centralized competitors. Source: When Shift Happens