Started using Hyperliquid to hedge and lock in airdrops profit since the end of last year ~ At that time, HL was just a perp DEX on Arbitrum, known for quickly listing trending tokens and pre-tokens. In the past year, TVL has grown from $15M to $700M, and the project has expanded from a single perp market to offering spot issuance and trading, eventually extending to L1. Starting with a high-frequency trading perp DEX to gather users, the platform then expanded from an application chain to a Layer1. Recently, dApps surrounding HL have started to appear~ #Hyperliquid

[Key Security and Decentralization Points to Monitor]

1. Progress in the decentralization of validator nodes;
2. Progress in audit transparency and open-source processes;
3. Specific setup of Finalizer arbitrators.