HyperLiquid: "Validator Qualifications Cannot Be Bought with Money"

Decentralized exchange (DEX) HyperLiquid (HYPE) has addressed the recent controversy surrounding validators.

HyperLiquid stated on its official X account on the 8th, "There have been some misunderstandings about validators recently," adding, "All validators earned their qualifications based on testnet performance." They further clarified, "Validator qualifications cannot be purchased with money," and added, "As the blockchain matures, the set of validators will gradually increase."

Efforts towards decentralization were also emphasized. HyperLiquid announced, "A Foundation Delegation Program will be conducted to promote network decentralization," and stated, "HyperLiquid is constantly evolving and improving to bring all finance on-chain."

Plans to open-source node code were also mentioned. HyperLiquid revealed, "Currently, the node code is private," and stated, "Open-sourcing is important, but like most projects, HyperLiquid will release the code when development reaches a stable state."