That's right, whether it's lighter, edgex, paradex, it's actually just another account address binding the user's wallet address, and is not a dex at all. Only the hype account address is truly the same as the wallet address, and after the hip3 upgrade, it has achieved permissionless access to trading.

Hyperliquid is the iPhone moment of the cryptocurrency world, not a competition within the track, but a revolutionary era.

Hyperliquid is fundamentally not a DEX; it is a trading infrastructure that provides a seamless CEX experience, disguised as a DEX.

This is the product that has truly achieved PMF and gone beyond the limits in the cryptocurrency world after so many years of development.

Its brilliance is not a technological leap, but a product revolution.

The future upgrades of the NYSE and NASDAQ will only be built on the tracks of hl.

Stop deceiving yourself by talking about the Perp DEX track; this track does not exist.

Hyperliquid is not here to compete for the cake; it is here to overturn the table. It is AWS, it is Oracle, it is NVIDIA.

It is the catalyst of the cryptocurrency world, a product leap at the iPhone level, directly redefining what an exchange should be.

Those who do not understand are still tangled in the false proposition of DEX/CEX.

What can truly revolutionize the industry has never been about having one more feature than others, nor is it about upgrading the narrative.

It has no narrative; it only delivers product results.

$HYPE