超流动性改写了链交易的规则，催化了分散金融的新时代

Foresight Ventures发布了其最新报告，“解码超流动性剧本和下一波链链基础设施”，提供了一个

Singapore, Singapore, June 12th, 2025, Chainwire

新加坡，新加坡，2025年6月12日，链条

In an exclusive report by Foresight Ventures, we delve into the Hyperliquid playbook and the emerging landscape of on-chain infrastructure.

在Foresight Ventures的独家报告中，我们深入研究了超流动性的剧本和新兴的链基础设施的景观。

As the crypto industry rapidly evolves, new platforms and technologies are continuously being developed to support and enhance the ecosystem. Among these platforms, Hyperliquid has rapidly risen to prominence with its unique approach to on-chain trading.

随着加密货币行业的迅速发展，不断开发新的平台和技术来支持和增强生态系统。在这些平台中，超级流动性通过其独特的链交易方法迅速提高。

To provide a deeper understanding of this development, Foresight Ventures, the leading crypto VC bridging East and West, has released a report titled "Decoding the Hyperliquid Playbook and the Next Wave of On-chain Infrastructure."

为了更深入地了解这一发展，远见卓识，是主要的Crypto VC向东和西部桥接，它发布了一份标题为“解码超流动性剧本和下一波链链基础设施浪潮”的报告。

The report offers an insightful analysis of how Hyperliquid has managed to integrate extreme liquidity and user privacy in a closed-loop system, setting new benchmarks for decentralized finance.

该报告对超流动性如何在闭环系统中整合了极端流动性和用户隐私，为分散融资设定了新的基准测试。

Key Findings

关键发现

The report highlights several key findings about Hyperliquid:

该报告重点介绍了有关超流动性的几个关键发现：

- Hyper Node: This technology is designed to aggregate liquidity from various sources, enabling the platform to execute large trades with minimal market impact.

- 超节点：该技术旨在从各种来源汇总流动性，使平台能够执行大型交易，而市场影响最小。

- Zero-KYC and Open Trade: Hyperliquid prioritizes user privacy by maintaining a KYC-free model and permitting any legal token to be listed and traded.

- 零KYC和开放式贸易：超流动性通过维护无KYC模型并允许列出和交易的任何合法令牌来优先使用用户隐私。

- High-Frequency Trading (HFT) and Deep Liquidity: The platform is optimized for HFT, catering to traders who prefer rapid order execution and minimal slippage.

- 高频交易（HFT）和深度流动性：该平台针对HFT进行了优化，可满足那些喜欢快速订单执行和最小滑倒的交易者。

- Closed-Loop Revenue and Incentives: Hyperliquid generates revenue from trading fees and distributes it back to users and contributors through an internal token, creating a self-sustaining ecosystem.

- 闭环收入和激励措施：超流动性从交易费用产生收入，并通过内部令牌将其分发给用户和贡献者，从而创建一个自我维持的生态系统。

The report further notes that Hyperliquid's rapid ascent and innovative approach have brought about two critical risks.

该报告进一步指出，Hyplliquid的快速上升和创新的方法带来了两个关键风险。

With its KYC-free model, the platform may face increased regulatory scrutiny as global compliance standards become more stringent. Additionally, Hyperliquid's high-volume, closed-loop system may be tested in a prolonged bear market, which usually brings lower trading volumes and user activity.

借助无KYC模型，随着全球合规标准变得更加严格，该平台可能会面临更多的监管审查。此外，超流动性的大批量，闭环系统可能会在延长的熊市中进行测试，这通常会带来较低的交易量和用户活动。

Despite these challenges, Hyperliquid's advanced technology, deep liquidity, and strong community place it well to navigate potential headwinds and contribute to the next stage of decentralized finance.

尽管面临这些挑战，但Hyplliquid的先进技术，深厚的流动性和强大的社区将迎接潜在的逆风并为下一个分散财务的下一阶段做出贡献。

As the ecosystem expands through HyperEVM and attracts more projects, Hyperliquid is expected to play a crucial role in driving the next wave of onchain infrastructure.

随着生态系统通过HypereVM扩展并吸引更多的项目，预计Hyproliquid在推动下一波OnChain基础架构方面发挥着至关重要的作用。

About Foresight Ventures

关于远见卓识

Foresight Ventures is the first and only crypto VC bridging East and West and a Top 5 active crypto VC in 2024. They are a powerhouse in crypto investment and incubation with offices in the US and Singapore.

远见卓识是第一个也是唯一的加密风险投资公司（Crypto VC）在2024年向东和西部桥梁，也是前5名活跃的加密货币VC。它们是Crypto Investment的强国，并与美国和新加坡的办事处一起孵化。

With a research-driven approach, they prefer to invest in seed, early-stage, and incubate projects in Web3, blockchain, DeFi, and metaverse. Their 150+ premier media and startup companies portfolio includes Wallet Connect, Story, TON, Morph, 0G Labs, Sentient AI, The Block, Foresight News, BlockTempo, Coinness and many more.

通过研究驱动的方法，他们更喜欢投资于Web3，区块链，DEFI和Metaverse的种子，早期和孵化项目。他们的150多个主要媒体和初创公司的投资组合包括钱包连接，故事，吨，变形，0G实验室，Sentient AI，The Block，Foresight News，BlockTempo，Coinness等。

They aggressively invest in the most daring innovations and institutions like UnChain Capital, Hashflow, and ChainGPT, to name a few.

他们积极投资于Unchain Capital，Hashflow和Chaingpt等最大胆的创新和机构，仅举几例。

Foresight Ventures is dedicated to partnering with visionary projects and top teams to help them succeed, reshaping the future of digital finance and beyond.

Foresight Ventures致力于与有远见的项目和顶级团队合作，以帮助他们成功，重塑数字金融及其他地区的未来。

For more information, users can visit: Website | Twitter | LinkedIn

有关更多信息，用户可以访问：网站| Twitter | LinkedIn

For media requests, users may contact pr@foresightventures.io.

对于媒体请求，用户可以联系pr@foresightventures.io。