Cumberland Warns Hyperliquid Perp Traders: ‘The world will track your positions’
Key Highlights Industry observers, including Cumberland’s Wilson, have raised concerns over Hyperliquid’s push into the U.S. market, citing transparency trade-offs, potential front-running via priority fees, and order book fragmentation. Hyperliquid is exploring paths to enter the United States via partnerships and deployer perpetuals (HIP-3) involving Kraken, Intercontinental Exchange (ICE), and Trade [XYZ]. Despite regulatory and ...