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This Man Built a $10B Crypto Exchange—Without VCs or KYC 👀

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Hyperliquid is a high-performance Layer‑1 blockchain and decentralized exchange built for perpetual futures trading. Launched without VC funding and powered by a community airdrop, it delivers CEX-level speed, zero gas fees, and advanced features like vaults, TWAP orders, and API access—making it ideal for pro traders. The platform has seen rapid growth, with $10B+ in open interest and $1B+ in token buybacks funded by trading fees. While it offers impressive speed and functionality, it’s not beginner-friendly and lacks fiat onramps. Still, with recent CFTC engagement and ecosystem expansion, Hyperliquid is positioning itself as a serious contender in on-chain trading. 🚀 Join the underground Crypto family today! The Palau Digital Residency ID provides a secure, blockchain-based digital identity recognized by the government, enabling global access to online transactions, business registration, and digital services. Palau digital residency ID link https://rns.id/?rc_by=ZQ5u8930 #1000xgems #crypto #digitalcurrency #altcoins #bitcoinethereum #cryptocurrency #1000x #1000xcryptogem #cryptocrypto #privacycoins #privacycoin #xrp #blockchainprojects #xrpnews #xrpholders #xrpcrypto #xrptothemoon #kaito #qubic #aicrypto #ai #arcblock #hyperliquid
Show transcript (1 sections, auto-generated captions, expect typos)

The founder of Hyperlquid is Jeff Yen, who co-founded the project alongside another Harvard alumnus. According to Coin Ledger, Hyperlid Labs was founded by Jeff Yen and Ilens, both classmates from Harvard. Jeff previously co-founded the centralized trading firm Chameleon Trading and self-funded Hyperlquid after FTX's collapsed to bring institutional-grade perpetuals trading on chain. Jeff Yen has been featured in several interviews discussing how his background in highfrequency quant trading along with a mission to build a venture capitalist free no KYC user centric layer 1 laid the groundwork for hyperlquid's development. end.

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