Hyperliquid's on-chain transparency lets anyone see positions, stop-losses and liquidation points, enabling price discrimination that rewards trustworthy traders and penalizes toxic high-frequency actors.
View full episode →“Large block trades force price moves by exhausting natural liquidity before market makers step in”
“VWAP algorithms follow the market’s liquidity curve, causing predictable intraday price patterns”
“Liquidity providers anticipate large order flow and adjust prices, creating a feedback loop that accelerates moves”