Bitget首席執行官Gracy Chen譴責Hypliquid對果凍代幣事件的處理

Bitget的首席執行官Gracy Chen譴責了Hyplliquid，以解決對涉及果凍令牌的可疑事件的擔憂。

Bitget CEO Gracy Chen has criticized Hyperliquid for its response to concerns over a suspicious event involving the JELLY token, which has led to suspicions about the blockchain network’s over-centralization.

Bitget首席執行官Gracy Chen批評了Hyproliquid對涉及果凍代幣的可疑事件的擔憂的反應，這引起了人們對區塊鍊網絡過度偏心化的懷疑。

After discovering “evidence of suspicious market activity,” Hyperliquid delisted the JELLY token perpetual futures and began refunding users on March 26.

在發現了“可疑市場活動的證據”後，Hypliquid將果凍代幣永久期貨脫穎而出，並於3月26日開始退還用戶。

However, only a limited number of validators participated in the decision, which sparked further concerns over Hyperliquid’s level of decentralization.

但是，只有有限數量的驗證者參與了該決定，這對超流動性的權力下放水平引發了進一步的關注。

In a statement, Chen slammed Hyperliquid’s actions, warning that the network could become “FTX 2.0.”

在一份聲明中，陳抨擊了超流動性的行動，警告該網絡可能成為“ FTX 2.0”。

“Despite presenting itself as an innovative decentralized exchange with a bold vision, Hyperliquid is acting more like an offshore [centralized exchange],” Chen said.

Chen說：“儘管以大膽的願景表現為一種創新的分散交流，但高流動性的行為更像是離岸的[集中式交流]。”

“Hyperliquid may be on track to become FTX 2.0.”

“超流動可能會成為FTX 2.0。”

Sam Bankman-Fried founded the cryptocurrency exchange FTX, which collapsed unexpectedly in 2022. A U.S. court later found him guilty of fraud sentencing him to jail.

山姆·班克曼（Sam Bankman）fried建立了加密貨幣交易所FTX，該FTX在2022年意外倒塌。

Although Chen did not allege any legal wrongdoing, she described Hyperliquid’s approach as “immature, unethical, and unprofessional.”

儘管陳沒有指控任何法律上的不法行為，但她將超流動性的方法描述為“不成熟，不道德和不專業”。

“The decision to close the $JELLY market and force settlement of positions at a favorable price sets a dangerous precedent,” said Chen.

Chen說：“決定以良好的價格關閉$果凍市場並以良好的價格定居職位的決定是危險的先例。”

“Trust—not capital—is the foundation of any exchange […] and once lost, it’s almost impossible to recover.”

“信任 - 不是資本 - 是任何交流的基礎[…]，一旦失去，幾乎不可能恢復。”

Venmo co-founder Iqram Magdon-Ismail launched the JELLY token in January as part of his project, JellyJelly, an effort to expand into Web3 social media.

Venmo聯合創始人Iqram Magdon-Ismail在1月份推出了Jellyjelly的一部分，以果凍的速度推出了果凍代幣，這是為了擴展到Web3社交媒體的努力。

The JELLY token’s market value reached nearly $250 million before dropping to just a few million in the following weeks, according to DexScreener.

Dexscreener稱，果凍代幣的市場價值達到了近2.5億美元，然後在接下來的幾週內下降到只有幾百萬美元。

After Binance debuted perpetual futures tied to JELLY, the token’s market capitalization rose to about $25 million on March 26. On the same day, a Hyperliquid trader “opened a massive $6 million short position on JellyJelly and then deliberately self-liquidated by pumping JellyJelly’s price on-chain,” noted Abhi, founder of Web3 company AP Collective.

After Binance debuted perpetual futures tied to JELLY, the token's market capitalization rose to about $25 million on March 26. On the same day, a Hyperliquid trader “opened a massive $6 million short position on JellyJelly and then deliberately self-liquidated by pumping JellyJelly's price on-chain,” noted Abhi, founder of Web3 company AP Collective.

BitMEX’s Arthur Hayes believes that early assessments exaggerated the potential harm the JELLY incident could have on Hyperliquid’s reputation.

Bitmex的亞瑟·海斯（Arthur Hayes）認為，早期評估誇大了果凍事件可能對超流體聲譽造成的潛在傷害。

“Let’s stop pretending hyperliquid is decentralised. And then stop pretending traders actually [care],” Hayes wrote in an X post. “Bet you $HYPE is back where it started in short order cause degens gonna degen.”

海斯在X帖子中寫道：“讓我們停止假裝超流動性被分散了。然後停止假裝交易者實際上[護理]。” “打賭你$ hype又回來了，它在短期內開始，原因是degen。”

On March 12, Hyperliquid encountered another crisis when a whale attempted to exit a large long Ether position, valued at around $200 million.

3月12日，當一條鯨魚試圖退出一個巨大的長以太貨幣，價值2億美元的較大的較長的以太位置時，超級流動遇到了另一個危機。

However, the attempt failed due to insufficient liquidity, leading to the forced liquidation of the trade at unfavorable prices. As a result, Hyperliquid’s own liquidity pool, HLP, absorbed a loss of nearly $4 million, which will be distributed among depositors.

但是，由於流動性不足，該嘗試失敗了，導致以不利的價格被迫清算交易。結果，HLP超流動性的流動性池吸收了將近400萬美元的損失，這將分配到儲戶之間。

In response to the potential knock-on effects of significant trades at close on Hyperliquid’s liquidity pool, the protocol has increased the collateral demands for open positions.

為了應對超流動性流動性庫的重大交易的潛在敲擊影響，該協議增加了對開放位置的附帶需求。

A January report from VanEck disclosed that Hyperliquid holds the largest share of the leveraged perpetuals trading market, with about 70% of the total volume.

Vaneck的一月份報告透露，Hyplliquid擁有槓桿永久交易市場中最大的份額，約佔總數的70％。

Perpetual futures, also known as perps, allow leveraged trading without a maturity date and require traders to secure their positions with collateral, such as USDC.

永久期貨，也稱為PERP，允許槓桿交易不到期日期，並要求交易者使用抵押品（例如USDC）確保其頭寸。

According to L2Beat, Hyperliquid relies on two key validator groups, each comprising four validators. In contrast, Solana and Ethereum utilize approximately 1,000 and 1 million validators, respectively.

根據L2Beat的說法，超液體依賴兩個關鍵驗證器組，每個組包括四個驗證器。相比之下，Solana和Ethereum分別使用了大約1,000和100萬驗證器。

Increasing the number of validators makes it more difficult for a small group of individuals to influence or manipulate a blockchain.

增加驗證器的數量使一小部分個人更難影響或操縱區塊鏈。