Decentralization

The Decentralized Drama: Hyperliquid’s Surprising Centralized Moment Captivates the Crypto World

The Decentralized Drama: Hyperliquid’s Surprising Centralized Moment Captivates the Crypto World

Hyperliquid’s recent stumble highlights the tension between marketed decentralization and operational centralization in DeFi. The incident underscores the ongoing challenges in achieving full decentralization while balancing security and scalability—known as the “blockchain trilemma.” The event has sparked renewed debate on the feasibility
1 April 2025