Hyperliquid Dey Face Criticism Over Referral Bonuses and Competition as CZ-Backed Privacy DEX Dey Loom

High-risk crypto trader James Wynn don dey increase im criticism against Hyperliquid’s referral program, say the bonuses no reach as the platform trading volume dey rise. Wynn, wey sabi active spot and futures strategies well well, talk sey e only make $34,000 from Hyperliquid referrals, show sey people wey dey bring new users no dey get meaningful reward. This one mean sey for decentralized exchanges (DEXs), better referral incentives dey become very important as competition dey hot. Wynn talk say Hyperliquid turn down partnership chances, fit mean say dem no take advantage of influencer and strategic alliance when user acquisition na key thing. E also mention sey e dey frustrated cos im dey lose for leveraged trades for Hyperliquid and e shift quick quick from long to short positions, show say risk and volatility still dey. The matter get worse as Wynn warn say new DEX wey Binance founder CZ back dey come. This rival supposedly go offer dark pool perpetual contracts, privacy features, plus more generous rewards — things wey traders wey like anonymity and bigger gains go like. CZ don publicly support privacy-focused, on-chain DEXs wey dey use zero-knowledge proofs to keep trade confidential. Wynn also hint sey e fit comot from crypto futures trading altogether, show im doubt about market transparency and how dem fit stop manipulation. Meanwhile, Hyperliquid’s HYPE token don rise 50% for last month, show say community still get strong interest even as questions about incentives and partnerships still dey. To defend and grow market share with all the new innovation and rising competition, Hyperliquid must optimize their referral schemes and form strategic partnerships to attract and keep active traders.