Defi
Hyperliquid (HYPE) Founder Jeff Yan Says 24/7 Trading Is No Moat, Points to $5.4T On-Chain Record
COINOTAG·October 1, 2026·1 min read
Hyperliquid (HYPE) co-founder Jeff Yan says self-custody and transparency, not 24/7 trading, will define DeFi as Robinhood, Nasdaq and NYSE extend hours. He points to a $5.4 trillion on-chain record as evidence that decentralized platforms can compete with traditional exchanges. Yan argues that continuous trading is no longer a competitive advantage.
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