PANews reported on December 22 that Hyperliquid has responded to an article alleging problems with its solvency, integrity, and transparency, stating that the allegationsPANews reported on December 22 that Hyperliquid has responded to an article alleging problems with its solvency, integrity, and transparency, stating that the allegations
Hyperliquid responded to the unfounded accusations, emphasizing that its solvency is verifiable and its platform is transparent and decentralized.
PANews reported on December 22 that Hyperliquid has responded to an article alleging problems with its solvency, integrity, and transparency, stating that the allegations are false. Hyperliquid stated:
- Solvency: The whereabouts of every dollar are traceable; the author omitted the whereabouts of HyperEVM's native USDC.
- Completeness: Testnet functionality is for testing purposes only and cannot be implemented on the mainnet.
- Transparency: Hyperliquid is more transparent and decentralized than all other major perpetual asset trading platforms. The entire system state is independently maintained by a permissionless set of validating nodes and verified by each node through BFT Proof-of-Stake consensus. Every order, transaction, and settlement is visible in real time during execution. Anyone can run a node and index the chain's state and transitions.
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