I was looking into @Lighter_xyz and my thesis on @HyperliquidX was right all along... HL has ALWAYS been just a centralized perp exchange with wallet connect it's basically a CEX with Privy deposits aren't even safe, it's just a multisig but @lighter_xyz is an actual on-chain DEX.. truly decentralized in every way possible, and it's an even better product than HL trustless, deposits/transactions can't be rugged don't get me wrong - HL has one crazy feature: Hyperunit's spot deposits/withdrawals kill Binance that's genuinely insane.. but that's it HL = Binance killer Lighter = actual DEX and once they release their token and everyone gets rich off it... they won't stay loyal to HL anymore Lighter is taking over
@Lighter_xyz @HyperliquidX USDC on HL seems topped as well since people started farming Aster + Lighter
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