According to @gametheorizing, Hyperliquid’s ongoing hyperps listings reflect a broken market design where prices repeatedly dislocate upward versus centralized exchange (CEX) pre-markets, creating a digital honeytrap for retail traders (source: @gametheorizing). According to @gametheorizing, this is not a one-off anomaly, as he asserts the market has proven the flaw time and again through persistent premium pricing on hyperps relative to CEX pre-market levels (source: @gametheorizing). According to @gametheorizing, he has raised these structural concerns directly with a Hyperliquid representative and urges the venue to either fix the mechanism or halt new hyperps listings (source: @gametheorizing). According to @gametheorizing, traders should approach hyperps with caution due to the systematic upward price dislocation he observes versus CEX pre-markets (source: @gametheorizing).