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ZachXBT accuses Hyperliquid of double standards and questions its Decentralization.
Wu said that on-chain detective ZachXBT criticized Hyperliquid for forcibly liquidating and artificially setting the price ($0.0095) during the Jelly market attack incident, causing the attacker a small loss. He questioned why Hyperliquid claimed to be “powerless” when Radiant was attacked by North Korean hackers, involving a large number of victims. Hyperliquid’s decision-making is clearly double-standard, exposing its governance centralization. He proposed three response options: maintain consistency and actively intervene in major events; completely decentralize and not intervene at all; introduce mechanisms to prevent malicious actors from entering from the source (such as Railgun’s PPOI model).