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nullvuild.com › node › #4174
Hyperliquid: How a Crypto Exchange Built Its Own L1 to Win the Perp DEX Wars
If you spent any time in DeFi in 2025, you couldn't avoid Hyperliquid. What started as a perpetuals DEX became something bigger: a custom Layer 1 blockchain w…
#hyperliquid
#defi
#perp-dex
#l1
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