
Hyperliquid in 2025: DeFi's Financial OS or Just Another DEX?
Hyperliquid was founded in 2022 as an orderbook-based DEX. Its goal is to marry the convenience of centralized exchanges (CEXs) with the transparency that DeFi can provide. Looking ahead with its ambitious roadmap and innovative features still in the works, Hyperliquid wants to be a financial operating system for DeFi....