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HLP model

RWA perpetual product crisis: Why is the GLP model destined to fail in RWA perpetuals?

The GLP/"casino-style" model can only be used in the cold start phase, and is not realistic for long-term development.
2025-05-02
RWA
GLP
perpetual products
HyperLiquid
HLP model
LP zero-sum game
hedging mechanism
order book model
Ostium
RWA perpetual product crisis: Why is the GLP model destined to fail in RWA perpetuals?
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