Does Hyperliquid’s $2.5M Fee Lead Have a $20M Money-Laundering Problem?
Key Highlights: Hyperliquid generated $2.5 million in fees over 24 hours on October 20, roughly three times the combined $836,000 earned by the other nine platforms in the ranking. On-chain sleuth ZachXBT alleges that FreedomXMR, a service on Hyperliquid Core, is a laundering channel, with more than 87% of incoming funds potentially tied to illicit ...