🚀 HyperLiquid, the layer-1 blockchain, is under fire for decentralization issues and validator concerns. Kam Benbrik from ChorusOne highlights the risks of closed-source code and HyperLiquid's 81% control of staked HYPE. This could lead to network control if unchecked. 😬

HyperLiquid responded on X, promising a "Foundation Delegation Program" to boost decentralization and hinted at open-sourcing their code once stable. 📈

HYPE token's rollercoaster ride continues, dropping to $21.49 after an initial surge. What are your thoughts on HyperLiquid's approach? Let's discuss in the comments! 💬