VietnamPenguin(@VietnamPenguin):Funny watching some retards FUD the drop in HLP TVL 😂. Hyperliquid is already at the point where HLP barely matters anymore. Almost all liquidity is now provided by users and third-party MMs. And HIP-3 markets (including all the most liquid markets on tradeXYZ) OPERATE WITHOUT HLP AT ALL. This is exactly how Jeff envisioned Hyperliquid from day one. Go read his @colossusmag interview again. A lot of the answers are right there:

VietnamPenguin

@VietnamPenguin

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VietnamPenguin@VietnamPenguin

2026.07.27 16:08

Funny watching some retards FUD the drop in HLP TVL 😂. Hyperliquid is already at the point where HLP barely matters anymore. Almost all liquidity is now provided by users and third-party MMs. And HIP-3 markets (including all the most liquid markets on tradeXYZ) OPERATE WITHOUT HLP AT ALL. This is exactly how Jeff envisioned Hyperliquid from day one. Go read his @colossusmag interview again. A lot of the answers are right there:

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