Jeff Yan: The core advantages of on chain finance lie in self custody and transparency, rather than 24-hour trading

--

Hyperliquid co-founder Jeff Yan stated during South Korean Blockchain Week that 24-hour trading is not the core advantage that distinguishes on chain finance from traditional exchanges, and traditional exchanges are also extending their trading hours. Jeff Yan believes that the enduring difference in on chain finance lies in the ability of users to independently manage assets and the transparency of on chain systems. Self custody is particularly important when the custodian encounters problems. 24-hour trading still holds value for assets that lack quotes during traditional market closures, and on chain markets have the potential to provide global price discovery for private equity assets. (Source: The Block)

Loading...