#衍生品市场合约 Recently, I’ve been learning about derivatives trading and was attracted by the Hyperliquid platform. But when I saw a bunch of doubts online, I started to panic😅. Systems with under-collateralization or hidden lending protocols—these terms just give me a headache. Today, I saw the official clarification and response, which helped me understand some things—turns out many accusations are just misunderstandings of technical details, like what “God Mode” actually is—just normal operation modes of smart contracts.

What reassures me most is their promise to gradually move towards decentralization and eventually become fully open source. That way, everything can really be brought into the sunlight. Currently, the total USDC is $4.351 billion, and all fees and transactions are on-chain visible. This level of transparency can definitely dispel many doubts.

As a newcomer, I’m most afraid of investing money into unreliable platforms. It seems Hyperliquid is at least quite honest in attitude. But I still want to ask experienced folks: before starting to trade in the derivatives market, besides understanding platform security, what basic knowledge should I master? Are there any “rookie pitfalls” that are worth avoiding in advance?🤔