Hyperliquid Co-Founder Jeff Yan: Platform Is Closer to Linux Than a Crypto Exchange

TLDR: Jeff Yan said at DAS Asia 2026 that Hyperliquid should not be seen as a rival to any one exchange.  Yan compared Hyperliquid to the internet and Linux, describing it as neutral public infrastructure. Hyperliquid’s design relies on a few precise primitives, such as portfolio margin, that compose well.  The community aims to empower [...]

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