When the Book Keeps Moving. What Hyperliquid Lets Outsiders Reconstruct.
Hyperliquid first shows up as a price story.
Dynamic Fees in AMMs: When the Signal Matters
Part I asked whether an AMM surface formed. Part II ran pool state forward. Part III contrasted reserves with book depth. This piece runs the AMM defense lay...
Hyperliquid Shows What a Market Looks Like Without an AMM Pool
Part I asked whether an AMM surface formed. Part II opened the pool. This piece looks at the other state object: posted depth in a CLOB.
Before MEV, I Built a Rust AMM Lab to Measure Pool State
Part I asked whether a public-pool surface formed. This piece opens the pool and runs its state forward.
The Token Appeared Twice. The AMM Market Formed Once
Canonical deployment tells you which contract is real. It does not tell you whether a callable public-pool trading surface formed around it.