Zero-Fee Exchanges Threaten Hyperliquid’s Survival, Arthur Hayes Warns

BitMEX co-founder Arthur Hayes has warned that major centralized exchanges offering zero-fee trading are trying to push the decentralized exchange Hyperliquid out of the market. In a conversation shared by journalist Laura Shin, Hayes said Hyperliquid’s business model depends on trading fees that fund buybacks of its native HYPE token. “If HYPE makes no money […] Read The Full Article Zero-Fee Exchanges Threaten Hyperliquid’s Survival, Arthur Hayes Warns On Coin Edition.