My Personal Opinion on Hyperliquid
After using Hyperliquid, my experience with some of the newly listed coins has been quite negative.
One thing that has really stood out to me is that, in several cases, a coin gets listed, you buy shortly afterward, and the price starts dropping almost immediately. Some of these tokens have experienced extremely aggressive moves, with some losing as much as 50% in a single day.
Of course, a price drop alone does not prove manipulation, and I’m not claiming that every token behaves this way. However, based on my personal experience as a user, this kind of price action makes me seriously question the reliability of certain listings and the quality of some of the projects being listed on the platform.
Personally, I no longer feel comfortable buying newly listed coins on Hyperliquid. I would rather stay away from them and be extremely cautious with tokens that have limited liquidity, little trading history, and extreme volatility.
This is simply my personal experience and opinion as a user. Everyone should do their own research and fully understand the risks before trading.
For me: I’m staying away from newly listed coins until they have demonstrated enough stability and a meaningful trading history.
The fact that I have to pay a fee is suspicious, I have learnt my lesson the hard way. My colleague at work told me about 100Solid LLC when we were discussing. Even tho I was a bit reluctant to try. I have seen nothing but a solid result with their consistent and quick payouts process
fees way to high, team intransparrent, risk of blocked wallets and funds - i dont know what to think about todays trading platforms. Someone should delist and delete hyperliquid
NOT DECENTRALIZED
They froze my account and stole my money.
$13k gone.
They answered, that the money/crypto came from a sanctioned entity (Huobi) and that my account is frozen.
I have asked 20 times, how to get my money back, and they only answers, that I cannot use Hyperliquid any more.
Now they have blocked my on discord, and doesnt respond to emails.
Dont use this platform.
I had no idea that Huobi had sanctions and now my money is gone.
Thieves
this platform has no security, they send the 2fa to your email, if ever your email is hacked your funds will be drained .. UNFORTUNATELY THIS IS HOW I GOT HACKED/SCAMMED AND LOST 10K .. i was getting hit with massive fees & slippage so in a $30 scalp i was only getting $12 as profit rest was going in fees & slippage... & what it shows in your PNL is always lesser than what u get in your account. So i decided to contact their customer service and the customer service is on discord, so the moment i opened a ticket i got slammed with many friend requests & dm as support agents .. i accidently forgot i was talking to someone in the DMs & not in the ticket .. the scammer acted like a very professional support agent & took my email & 2fa i accidently gave it thinking i was talking to a support agent .. but before giving the 2fa i withdrew the funds and after 5 hours later when the account seemed normal i deposited the 10k & the scammer withdrew all the funds .. very very sad experience the 10k were life savings, i don't understand WHY THE F do they have their customer service on discord it needs to be integrated into the exchange
If something wrong you are by yourself. They will not provide you any support and ban from few existing options, discord and reddit. No way I risk assets here
The copy-trading feature is interesting.
But it is not there yet. There are so much better options in the Solana Ecosystem for trading.
The interface is painful and clunky, fees are high, and seriously... who wants a lock-up period on their funds?
My wallet was flagged and funds frozen without explanation
I deposited around $120 into Hyperliquid a few months ago and forgot about it. When I came back to withdraw, I was shocked to see a red flag on my wallet saying it's "high risk" due to a supposed interaction with sanctioned regions/entities.
I have never intentionally interacted with any sanctioned addresses, and I believe this is an error from their automated risk system.
I reached out on Discord politely and got banned with no explanation. Then I sent an email and received no clear response.
This feels completely unfair, and there's no appeal process. I just want to retrieve my funds. I’m disappointed with how the situation is being handled.