Hyperliquid’s biggest risk is regulation, says Ran Neuner

The Crypto Banter founder said Hyperliquid’s network effects give it a strong competitive moat, but regulatory uncertainty remains its biggest threat.

Crypto Banter founder Ran Neuner said regulation poses the biggest risk to Hyperliquid, warning that decentralized exchanges could eventually face greater government scrutiny.

Speaking on Cointelegraph’s Chain Reactionpodcast, Neuner said regulators have begun establishing rules for centralized crypto exchanges and predicted decentralized platforms would be next.

“The biggest issue is that we don’t know how regulators are going to treat the decentralized exchanges,” Neuner said. He added:

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