
Yang argues Hyperliquid's priority fees update will substantially reshape market structure by disadvantaging latency-focused market makers like Alber Blanc and Pinely who currently dominate the exchange.

Onchain perpetuals DEX with native order book and custom L1. Fee capture ranks with top CEXs despite being a single application.
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Yang argues Hyperliquid's priority fees update will substantially reshape market structure by disadvantaging latency-focused market makers like Alber Blanc and Pinely who currently dominate the exchange.