DiscoverUnlayeredHyperLiquid & Crypto's Defi Renaissance I Sunny Shi (@Defi_Monk) - Messari Research
HyperLiquid & Crypto's Defi Renaissance I Sunny Shi (@Defi_Monk) - Messari Research

HyperLiquid & Crypto's Defi Renaissance I Sunny Shi (@Defi_Monk) - Messari Research

Update: 2024-09-23
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Description

This week, Dave sits down with Sunny Shi (@Defi_Monk) from Messari to discuss his recent report on Hyperliquid and do a deep dive on the most popular perp dex in crypto. Hyperliquid boasts performance similar to its centralized competitors, does more trading volume than all the other per dexes combined, and will imminently launch one of the most anticipated token launches pf recent times. Yet there are many detractors labelling the L1 as centralized as Binance. Check out the episode to find out who's right.



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Episode Resources
Follow Sunny : https://Twitter.com/Defi_Monk
Follow Messari : https://Twitter.com/MessariCrypto



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Podcast Resources
Follow Sal: https://twitter.com/salxyz
Follow Dave: https://twitter.com/SolBeachBum
Follow Zen : https://twitter.com/ZenLlama
Follow Unlayered: https://twitter.com/UnlayeredPod
Subscribe on Spotify, Apple, or Google: https://unlayered.io/
Subscribe on YouTube: https://www.youtube.com/@UnlayeredPod



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Time Stamps
(0:00 ) - Sunni's Route From TradFi To Crypto
(4:23 ) - Which Apps Have PMF?
(10:34 ) - What Has Drawn Users To Hyperliquid
(14:02 ) - Why Has DYDX Struggled To Compete
(18:01 ) - How Decentralized Should Perp Dexes Be?
(24:39 ) - How Market Makers Are Prioritized
(35:22 ) - Curation Of Assets On The Dex
(39:04 ) - Lack of VCs
(47:05 ) - How Can L1 Apps Like Drift Compete

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HyperLiquid & Crypto's Defi Renaissance I Sunny Shi (@Defi_Monk) - Messari Research

HyperLiquid & Crypto's Defi Renaissance I Sunny Shi (@Defi_Monk) - Messari Research

Sal Qadir and Dave Apsimon