Exchanges· ★★· neutral·

Changpeng Zhao says he doesn't view Hyperliquid negatively, welcomes DEX competition

  • —Zhao called Hyperliquid a competitor but said he does not view it negatively
  • —He welcomed innovation and competition between CEXs and DEXs
  • —He said industry growth would benefit Hyperliquid, BNB and BTC together
  • —Zhao noted that an early leader is not guaranteed to be the biggest long-term winner
Why it matters: Signals a softer tone from Binance toward DEX rivals as decentralized venues gain market share.
Source: Bloomingbit