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Exchanges Unverified

Hyperliquid co-founder says 24-hour trading not onchain finance's differentiator

Hyperliquid co-founder Jeff Yan said at Korea Blockchain Week 2026 that around-the-clock trading is not what sets onchain venues apart from traditional exchanges, noting crypto never needed conventional market hours because the asset class is inherently international.

Why “Unverified”

  • Reported by The Block alone, with no second source or primary confirmation yet

1 independent source groups across 1 posts · evidence score 60/100. How labels work

Market around the story

AssetPrice at first report6h before1h before1h after6h after1h move vs normal24h volume vs median
HYPE Measured six hours after the first report.

Returns are measured from the moment the story first appeared. “vs normal” compares the move with the asset's typical hourly move over the previous 30 days.

What the sources claim

  1. Jeff Yan said around-the-clock trading is not what distinguishes onchain venues from traditional exchanges. HYPE

    “around-the-clock trading is not what sets onchain venues apart from traditional exchanges”
    The Block
  2. Yan said crypto never needed conventional market hours because the asset class is inherently international. HYPE

    “crypto never needed conventional market hours because the asset class is inherently international”
    The Block

Sources

Summary and claims extracted by deepseek/deepseek-flash with prompt analyze-story@3 on 2026-09-30 13:40 UTC. Labels are computed from the sources, not by the model.