On June 8, James Wynn posted a tweet stating that HyperLiquid has never paid any compensation. Wynn shared that he had contacted the platform twice before, hoping to receive a cooperation agreement in exchange for the attention he brought to them. However, despite HyperLiquid appearing grateful, they did not offer any agreement to anyone.
According to Wynn, this is reasonable because HyperLiquid operates with a decentralized structure, completely different from traditional exchanges. This decentralization makes the cooperation and compensation mechanism different, not dependent on intermediary systems like typical CEX platforms.
Wynn mentioned that he earned around $34,000 through HyperLiquid's referral program. However, he considers this a "poor" amount, given the number of new registrations and the trading volume of cryptocurrencies he brought to the platform.
Discussing the incentive aspect, Wynn believes HyperLiquid's referral program is far inferior to other platforms in the cryptocurrency market. He emphasized that competitors offer more attractive benefits and incentives, creating a strong motivation for the community to develop new users.
The decentralized nature of HyperLiquid brings a certain transparency, but limits the ability to share benefits for those contributing large traffic or liquidation. This reflects the challenges in adjusting policies and rewards appropriately in the modern DeFi model.
