According to Flood (@ThinkingUSD), the Hyperliquid ecosystem has launched with a focus on open access, meritocracy, and user-owned infrastructure, eliminating internal trading desks and outside capital (source: Twitter, May 9, 2025). This fair launch model places all ownership in users’ hands and enables permissionless monetization for builders. Traders can benefit from a level playing field, reducing the risk of insider manipulation and creating new opportunities for decentralized trading and liquidity provision. These features position Hyperliquid as a strong competitor to traditional centralized exchanges, potentially driving increased trading volumes and user engagement in the broader crypto market.