#永续合约与杠杆交易 Seeing Hyperliquid's clarification statement is quite reassuring. In the high-risk arena of perpetual contracts, transparency and verifiability are the foundations of trust.

Honestly, that previous article raising questions was quite widespread and did cause many to have concerns about derivative trading platforms. But watching Hyperliquid respond to each of the 10 accusations—covering USDC reserves, oracle mechanisms, and future decentralized routes—shows their sincerity in transparency. Especially the line "all fees, balances, and transactions are on-chain visible"—this is the way Web3 should be, with everything laid out in the sunlight, leaving no room for shady operations.

What’s most exciting is their clear commitment to gradually decentralize and ultimately open source. Isn’t this the direction we’ve been expecting? From centralized exchanges to more and more decentralized derivatives protocols, the perpetual contracts field is undergoing a paradigm shift. As liquidation mechanisms, price oracles, and even transaction verification become progressively open source and decentralized, users’ risks can truly be managed.

For those partners paying attention to the derivatives sector, now is a great time to observe such projects. Choosing platforms that dare to be transparent and proactively move toward decentralization is responsible for oneself. The future financial infrastructure is being shaped by us, and every choice is a vote.