Hyperliquid Founder: Transparent Trading Can Enhance Whale Execution, the More Information Disclosed, the Better the Execution

According to a report by Jinse Finance, Hyperliquid founder Jeff stated on the X platform that transparent trading can enhance whale execution. Throughout Hyperliquid's development, skeptics have consistently questioned the platform's ability to expand liquidity and have expressed concerns about trading transparency. Many believe that whale users on Hyperliquid: 1) front-run when building positions 2) are sought after due to public liquidation and stop-loss prices. These concerns are natural, but the reality is quite the opposite: for most whales, transparent trading can enhance execution compared to centralized trading platforms. By making trades public on Hyperliquid, whales provide more opportunities for market makers to offer liquidity to their capital flows, resulting in better execution. Positions worth billions of dollars are executed more effectively on Hyperliquid than on centralized exchanges. A transparent platform does not result in more front-running than centralized trading platforms, nor is the "hunting" of liquidations and stop-losses higher. Counterparties attempting to push prices higher are more confident in engaging in mean reversion trades. Analysts believe that Jeff's view contrasts with that of former Binance CEO CZ, who argued that if traders want to conduct large-scale trades, one of the best ways is to inform everyone in advance. Although this may sound counterintuitive, the more information is disclosed, the better the execution.