Hyperliquid Founder Slams Binance, CEXs Blaming Then of 100x Underreporting

Hyperliquid CEO Says Weekend’s Crypto Liquidations Were Worse Than The Reported $19B

The CEO of Hyperliquid, Jeff Yan, thinks some CEXs have underreported the liquidations on their platforms during the recent crypto market crash. Citing Binance as an example, he claimed the $19.2 billion in liquidations during that time may be worse than they appear. He suggested there may be over a hundred underreported orders in Binance alone every 1,000 ms. Hyperliquid (HYPE) CEO Jeff Yan recently dropped a bombshell, claiming that last weeke…

Hyperliquid CEO Says Centralized Exchanges “100x Underreport” Liquidations » News.ng

Centralised crypto exchanges are under fire following accusations that they may have underreported the scale of last week’s record-breaking liquidation event. Hyperliquid CEO Jeff Yan and data analytics platform CoinGlass both claim that exchanges such as Binance are using reporting methods that drastically underestimate actual liquidation volumes during market crashes. The controversy erupted after a dramatic sell-off on Friday that wiped out m…

Hyperliquid Founder Slams Binance: “They’re Underreporting Liquidations by 100x”

By late Friday, data from Coinglass showed over 1.6 million traders liquidated in a single day, wiping out an estimated $19.1 billion in leveraged positions. But according to industry insiders, the real figure may be far higher – and the reason lies in how centralized exchanges handle liquidation data. “The Numbers Don’t Add Up” In a weekend post that quickly caught attention across crypto circles, Jeff Yan, co-founder of the decentralized tradi…

Hyperliquid Founder Calls Out CEXs for Underreporting Liquidations, Launches HIP-3 Upgrade

Hyperliquid founder Jeff has taken aim at centralized exchanges (CEXs), accusing them of severely underreporting liquidation data....

Hyperliquid Founder Calls Out CEXs for Massive Underreporting of Liquidations - The Market Periodical

Key Insights: Hyperliquid challenges CEX transparency amid record $19 billion liquidations. On-chain data reveals liquidation accuracy gaps across major crypto exchanges. Tariff-driven volatility exposes flaws in centralized reporting and risk controls. Hyperliquid’s founder has criticized centralized exchanges (CEXs) on the basis of what he claims to be massively underreported liquidation information. The founder pointed out that all the trade…

Hyperliquid founder accuses CEXs of hiding user liquidation data

Jeff Yan, the founder of perpetual Decentralized Exchange (DEX) Hyperliquid, has accused Binance and other such centralized exchanges (CEXs) of concealing user liquidation data during the market crash on Friday.