Beanie
@beaniemaxi
My passion is discovering special sits that can result in ridiculously lucrative returns (or losses). THIS IS VERY RISKY. Read pinned post. Venture: @gmcapital_
Joined January 2021
3.5K Following 227.7K Followers
A year later Coinbase isn't even in the discussion as serious competition to Hyperliquid. It lost second place to a random perps platform with three users on Solana.
Hyperliquid has 1000x more PUMP perps volume today than Coinbase. No KYC/AML or tax reporting. This is a massive competitive advantage for an exchange. Unlikely that TradFi will allow this to continue unchecked. I bet there will be some lobbying for enforcement action against it.
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