Projects with sufficiently complex mechanisms cannot produce good criticism without thorough understanding, and most FUD is "Not even wrong", referring to the long article written yesterday by @chameleon_jeff.

Hyperliquid focuses on light operations, mainly event-driven operations, and James and Jeff represent two sides of the same coin, with a really good rhythm. However, there are indeed too many points of criticism in that article. Are there any friends from MM or seasoned CEX veterans who can provide corrections?