While his take that a centralized actor is changing hyperliquid ledger entries is wrong (it's simply a frontend/UI ticker change)
it has me wondering
> be a dex and sell (auction) tickers for 5 figs
> someone acquires the ticker $PUMP
> big non HL native project launches
> Hyperunit bridges the Token to HL
> HL UI changes the original ticker to $PUMP-26 and treats units ticker as canonical
>>> rip the $PUMP ticker owner that paid 50k, bro got circumcised lmao
I know we already had a discussion about canonical unit BTC/ETH tickers but given the fact that people pay 5 figs for tickers is a different situation imo
I mean this is something that happens regularly on a cex but I'm not sure exactly how it should be handled on a dex tbh.
And quite frankly there is only one frontend so to the end user there is very little difference between ledger entry and UI
not trying to make this into a big thing again but deserves some discussion imo
especially because in due time there might be another Polyhedra vs zkSync ticker battle but on HL

I do think it makes sense to take that ticker because otherwise it gets messy eventually ig?
but then you should compensate the original ticker owner imo
2.72K
8
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.