A user wrote a letter to the Hyperliquid Core team pointing out multiple management issues

X platform user Kam (@ KamBenbrik) posted a letter to the Hyperliquid Core team, providing several feedback on Hyperliquid chain management. The main content includes: ① validators face significant challenges, including closed source code, lack of documentation, and dependence on centralized APIs, leading to frequent "imprisonment" and unstable performance. ② The incentive measures of the testing network have triggered the black market trading of HYPE tokens, which tends to reach agreements with large holders rather than fairly selecting validators The reward for main network validators is too low to cover the high self binding requirements, and the degree of decentralization is limited. 81% of the pledges are controlled by foundation nodes In order to compete with major Layer 1 blockchains, Hyperliquid must increase transparency, decentralize staking, implement a fair validator selection process, and strengthen interaction with external validators.