Hyperliquid’s Account Recovery Nightmare: What Happens When Email-Based Accounts Face SIM Swap or Provider Outages
Hyperliquid has built an impressive trading engine. Sub-second execution, zero trading fees, 50x leverage on perpetuals, and 200,000 orders per second throughput represent a genuine engineering achievement that most decentralized exchanges cannot match. The platform’s decision to allow email-based account creation without mandatory KYC appeals to traders who want speed and privacy. But that same…