Most perp DEX traders depend on operator honesty, L2beat warns
Covered by 2 sources · 2 articles
2 outlets - including Crypto-economy and Cryptopolitan - are covering this story. TL;DR: Evaluation results: The firm L2BEAT examined the derivatives platforms Hyperliquid and Lighter under property rights, order fairness, and position fairness criteria. The JELLY incident: In March 2025, Hyperliquid validators forced th…
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L2BEAT Report: Most Perpetual DEX Traders Depend on Operator Trust, Not Crypto Proof
TL;DR: Evaluation results: The firm L2BEAT examined the derivatives platforms Hyperliquid and Lighter under property rights, order fairness, and position fairness criteria. The JELLY incident: In March 2025, Hyperliquid validators forced th…
Most perp DEX traders depend on operator honesty, L2beat warns
Blockchain research firm L2BEAT published a comparative analysis of perpetual futures exchanges Hyperliquid and Lighter on July 2. In its findings, the research firm discovered that none of the platforms fully protects traders through verif…