POPA ReconHighlight Clip: Jeff Yan: Hyperliquid Is More Like the Internet or Linux Than a Traditional Exchange
Highlight Clip: Jeff Yan: Hyperliquid Is More Like the Internet or Linux Than a Traditional Exchange Jeff Yan: Hyperliquid Is More Like the Internet or Linux Than a Traditional Exchange Hyperliquid Labs co-founder Jeff Yan said at DAS Asia 2026 on October 7 that Hyperliquid should not simply be viewed as a competitor to any particular exchange. He noted that Hyperliquid was initially compared to DeFi protocols, then major crypto exchanges, and now even traditional giants like CME and Nasdaq, yet none is a perfect comparison. Yan argued that Hyperliquid is more like the internet or Linux, pro…
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