In 2026, Hyperliquid remains the volume leader, prized for CEX-like speed and deep liquidity. However, the 2025 JELLY incident—where validators manually overrode prices and delisted the token to stop a $6.2 million exploit—shattered the "code is law" narrative, proving governance is still centralized. $HYPE
HYPEUSDT
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40.44
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BTC
81,034.91
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SOLUSDT
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95.15
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