Hyperliquid clarifies false accusations: Platform status is transparent and verifiable, and centralization will eventually lead to complete open source According to BlockBeats, on December 22nd, the official response from Hyperliquid regarding a recent article that falsely accused Hyperliquid of issues with solvency, integrity, and transparency is as follows: The system owes $362 million in collateral: not true, the author of this article ignored HyperEVM USDC (parallel to the Arbitrarum bridge). The current total USDC amount is 4.351 billion US dollars. Manipulating trading volume through TestnetSetYesterdayUserVlm: not true, only for testing network functionality, cannot be called on the main network. Some users have privileges, such as fee exemptions or manipulation affecting airdrops: this is not true, all fees, balances, and transaction chains are visible, and there is no distortion mechanism. CoreWriter's' God Mode 'can mint coins, transfer funds, etc.: This is not true. Sending HyperCore operations for HyperEVM smart contracts does not have the aforementioned privileges. Governance can freeze the chain without revocation function: Misunderstanding, freezing is used for network upgrades, similar to hard forks of other chains. In the POPCAT event in November 2025, L1 was not frozen and only the Arbitrum bridge was automatically locked as a security measure. A single private key can instantly set the price of the oracle: Misunderstanding, HIP-3 oracle is configured by the deployer and can be used with MPC, etc. The perpetual contract operated by the verifier uses a weighted median price without delay to ensure security. 8 undisclosed addresses control all transaction submissions: untrue, some transactions have been directly sent by validators, future upgrades will include MEV and anti censorship mechanisms. Clearing cartons has unfair advantages: misunderstanding, only HLP can be used for backup clearing, and deposits are not licensed, with most clearing being handled through order books. Hidden lending agreement involving over 1 million US dollars: not true, investment portfolio margin, lending, and HLP are publicly announced pre alpha versions with documented records. ModifierOnCirculatingSupply can change token supply: This is not true, HIP-1 token supply is fixed, this function is only for display purposes and does not affect execution.