[bull B! $HYPE going to fall to 1U?: This is about to flip the table and challenge all CEX]

Hyperliquid just made a big move: it has opened an unlicensed market! This means that in the future, anyone will be able to create new trading pairs directly on it with no barriers and low costs.

Not to mention, it directly cut the transaction fee by 90%.
How ruthless is this move? It's just like when BNB initially charged a 1U trading fee, directly knocking down a bunch of old exchanges. Now HYPE is playing even more aggressively, aiming to snatch up all the liquidity from DEXs while also putting a hole in the CEXs' bowl.

The liquidity battle of DEX has now entered the 2.0 phase.
There is no doubt that the biggest winner is $HYPE.

The more active the platform, the larger the trading volume, and the higher the value captured by HYPE. Don't be fooled by the current market correction; HYPE is also falling, but this operation is building momentum for the next round of explosive growth.
Liquidity is money, money is power.

However, I should remind you that there are currently whales fighting on HYPE, and the scene is a bit bloody—BTC short-seller whales currently have the upper hand, and the largest long-position whale has already been buried, suffering significant losses.

What does this mean? It indicates that the platform is highly volatile, and those trading contracts are likely to be liquidated in a chain reaction if they're not careful, leading to a bloodbath.

But on the flip side, without volatility, where does the wealth come from?

HYPE's kick is not just aimed at UNI and ASTER, but is directly stepping on BNB's face.

The future of DEX seems to be changing dramatically.

$HYPE $ASTER