In this episode, Jeff Yan, Co-founder of Hyperliquid, joins to discuss Hyperliquid’s journey and growth thus far. He provides insights into how they developed the HyperBFT consensus algorithm, Hyperliquid’s Vault System, and their plans to decentralize the Hyperliquid L1. Jeff also gives his thoughts on competing with Centralized Exchanges, and what’s in store for Hyperliquid in the future. Thanks for tuning in! As always, remember this podcast is for informational purposes only, and any views expressed by anyone on the show are solely their opinions, not financial advice. -- Wormhole is a decentralized interoperability platform powering multi-chain applications and bridges. It provides developers with access to liquidity and users on over 30 leading blockchain networks, enabling use cases in DeFi, data queries, and governance. The platform is trusted by teams like Uniswap and Circle and, to date, the platform has facilitated the transfer of over 35 billion dollars through over 850 million cross-chain messages. Claim your unique Wormhole NFT at https://forms.clickup.com/45049775/f/1aytxf-18571/OKMZT6A2GPAA9B6X6V -- Pear is an innovative pair-trading exchange built on top of SYMMIO. Users can trade trending narratives with one click, from bluechip narratives such as long BTC, short ETH, right through to WIF vs BONK. SYMMIO’s intent-centric architecture enables deep liquidity, sourced off-chain and brought on-chain, and combined with Pear, have democratized access to complex trading strategies typically reserved for institutional traders. Start trading today at: https://www.pear.garden/ -- Follow Jeff: https://x.com/chameleon_jeff Follow Boccaccio: https://twitter.com/tripleboccaccio Follow Carolina: https://x.com/GoldDefi Follow Blockworks Research: https://twitter.com/blockworksres Subscribe on YouTube: https://bit.ly/3foDS38 Subscribe on Apple: https://apple.co/3SNhUEt Subscribe on Spotify: https://spoti.fi/3NlP1hA Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/ -- Timestamps: (0:00) Introduction (1:50) Hyperliquid Overview (6:05) Competing with Centralized Exchanges (7:51) Hyperliquid's Vault System & Bridging Experience (13:59) The Hyperliquid L1 (19:11) Building the HyperBFT Consensus Algorithm (21:26) Wormhole Ad (22:04) Pear Ad (22:30) Products Built on Top of the Hyperliquid L1 (32:30) Decentralizing the L1 (38:19) Bootstrapping Hyperliquid (42:10) Consolidating Users on One Chain (45:36) Future Plans for Hyperliquid -- Check out Blockworks Research today! Research, data, governance, tokenomics, and models – now, all in one place Blockworks Research: https://www.blockworksresearch.com/ Free Daily Newsletter: https://blockworks.co/newsletter - - Disclaimer: Nothing said on 0xResearch is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Boccaccio, Carolina, and our guests may hold positions in the companies, funds, or projects discussed.