It was the case up until recently. But today Hyperliquid does it on chain and ve... | Hacker News

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		kikimora 23 days ago \| parent \| context \| favorite \| on: Perpetual futures, explained It was the case up until recently. But today Hyperliquid does it on chain and very popular.

monokh 23 days ago [–]

Hyperliquid being on chain in the traditional sense is fiction. You have a closed source piece of software run by closely controlled "validators" with additionally centralised components.

kikimora 20 days ago | [–]

Settlement is on chain which removes clearing house, exchange and brokerages from the picture.

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