According to Flood (@ThinkingUSD), Tier 2 and Tier 3 centralized exchanges (CEXs) risk missing out on significant growth by not transitioning into front ends for Hyperliquid. Flood highlights that by integrating as Hyperliquid front ends, these exchanges could see substantial boosts in trading volume and liquidity, while sharply reducing operational costs associated with listings and market-making contracts (source: Twitter/@ThinkingUSD, June 3, 2025). This move could improve their competitive positioning in the crypto market and attract more traders seeking efficient liquidity, ultimately impacting the broader cryptocurrency ecosystem.