Is it possible Hyperliquid ($HYPE) to scam

[Ayers]

it's just a matter of time until they are forced to implement KYC/AML. Absolutely inevitable.

this is the biggest long term risk for Hyperliquid right now. there are only 24 validator and most of whom are based in Japan. i would rather call it a federated network of big company, not a truly decentralized network, lol

but i have to admit that Hyperliquid is proving that they can provide a great user experience and huge trading volume. i have to applaud that. but i can not say how long it will last. they should gradually increase the number of validator. and spread it all over the world. along with this what they need is to build the capability to handle regulatory pressure. this will create the capacity to not harm their core product and grow fast

[Conqueror777]

HYPE is the coin of one of the most popular decentralized exchange for perpetual futures contracts.

However, users on many platforms where cryptocurrencies are discussed raise the question: is the exchange truly decentralized? Unlike Ethereum - which boasts over 800,000 validators - Hyperliquid network has no more than 24 ones, and the majority of them are located in Japanese data centers.

Therefore, I have a question: will the Hyperliquid continue to exist, or will it fade into oblivion?

I believe it will fade into oblivion but that's my personal opinion and I'm not a financial advisor.

[Taskford]

HYPE is the coin of one of the most popular decentralized exchange for perpetual futures contracts.

However, users on many platforms where cryptocurrencies are discussed raise the question: is the exchange truly decentralized? Unlike Ethereum - which boasts over 800,000 validators - Hyperliquid network has no more than 24 ones, and the majority of them are located in Japanese data centers.

Therefore, I have a question: will the Hyperliquid continue to exist, or will it fade into oblivion?

I believe it will fade into oblivion but that's my personal opinion and I'm not a financial advisor.

Better think that way since we are not sure if it will stay for long time the same as Bitcoin. Many with those supposed to be a good coin got dump for whatever reason then it struggle to raise up because they face heavy controversy and people lose their trust on those coins.

So with those risk better deal with it in right way and better sold it once they already have chance to secure their capital including their profit. Maybe for now its good, but we don't know if it will continue to stand if it face heavy issues.

[MArsland]

Therefore, I have a question: will the Hyperliquid continue to exist, or will it fade into oblivion?

The platform may continue to exist, but pressure from regulators may lead to some issues such as fines, jail sentences, etc. We have seen this kind of thing happen before. I remember Etherdelta ending up facing some legal issues and a couple more "decentralised" exchanges that even started blocking users from other regions on the front end.

I agree with you, because so far Hyperliquid is a platform that continues to be under pressure from regulators. Not surprisingly the emergence of the Hyperliquid Platform at that time became the main destination for many traders who wanted to avoid regulation. Hyperliquid officials also had a dispute with several crypto exchanges because they became the most promising competitors. But in today's crypto exchange industry, being against regulation is often perceived as a threat.