Hyperliquid CEO Jeff Yan has spoken out against private deals with market makers, asserting that such agreements can centralize trading. Yan emphasizes Hyperliquid’s commitment to independence and long-term sustainability for its exchange platform. He believes that maintaining a decentralized structure is essential for the health of the cryptocurrency ecosystem. This development is significant as exchanges navigate the balance between attracting liquidity and preserving decentralized principles. Traders and investors will want to watch how Hyperliquid’s approach evolves in the competitive crypto market.