Projects with sufficiently complex mechanisms cannot be critiqued well without a deep understanding; most FUD is "Not even wrong," referring to the lengthy article written by @chameleon_jeff yesterday.

Hyperliquid focuses on light operations, primarily event-driven operations. James and Jeff represent the duality of both red and black faces, and the rhythm is indeed very good. However, that article has too many points of contention. Are there any MM friends or seasoned CEX veterans willing to provide corrections?