Hyperliquid founder "Decentralized finance is not a large corporation... It should be an open structure built like Lego"
Minseung Kang
Summary
- The founder of Hyperliquid said that decentralized finance (DeFi) should not be operated as large corporate entities.
- He said DeFi should not be a closed centralized structure, but should be composed of combinable open financial modules.
- Hyperliquid is developing based on these principles and said that returning to DeFi's original philosophy is the right path for future finance.
The founder of Hyperliquid emphasized that "decentralized finance (DeFi) should not be consolidated into large corporate forms."
On the 15th (local time), according to Wu Blockchain, Jeff, the founder of Hyperliquid, said in an interview at the TOKEN2049 Singapore event on the 14th of last month, "The view that DeFi is a 'conglomerate (large corporate group)' is wrong." He explained, "True DeFi is not a closed centralized structure, but an ecosystem made by stacking interoperable open financial modules like Lego."
Jeff emphasized that Hyperliquid continues development based on these principles. He stated, "Returning to DeFi's original philosophy is the right path to creating future finance."
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
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