The Algorithmic Arms Race Between CEX and DEX: Hyperliquid's Shield vs. the Spears of Binance and OKX

Hyperliquid builds upon Binance's pricing algorithm but introduces key optimizations. Binance's overall architecture leans toward institutionalization and moderation, guided by a core philosophy: making the market predictable. OKX's strategic design can be characterized as fast, aggressive, and precise. Read more: