#WYST稳定币 Binance's decision to list the JELLYJELLY contract is quite controversial. Recently, JELLYJELLY has come under scrutiny for alleged market manipulation, particularly related to the extreme volatility associated with the decentralized exchange Hyperliquid. Some whales, through high-leverage trading and price manipulation, have caused liquidity providers (HLP) on Hyperliquid to incur millions of dollars in losses, ultimately forcing Hyperliquid to delist JELLYJELLY's perpetual contract. Shortly after this incident, Binance quickly announced the listing of JELLYJELLY's USD-margined perpetual contract (with a maximum leverage of 50 times), which inevitably raises questions about its motives. Some voices in the community suggest that this may be a strategy by centralized exchanges (CEX) to capitalize on Hyperliquid's predicament, attract trading volume, and solidify their market position.