Lighter
費用透明度地域紀錄公開紀錄完整度
- — Fee snapshots on file: Hyperliquid 8 vs Lighter 0.
- — Geographic restriction records: Hyperliquid 2 vs Lighter 14.
- — Public-record completeness composite differs (Hyperliquid 20 vs Lighter 16).
備選平台
Hyperliquid 備選平台 — 證據比較
備選平台用於證據比較，不是推薦。納入是因為公開證據屬性與 Hyperliquid 不同 — 不是因為 Hyperliquid「不好」，也不是因為商業關係。
為何納入這些平台
每個候選至少在一項已發布證據屬性上與 Hyperliquid 不同（監管、法律實體對應、準備金證明、託管、地域紀錄、產品或完整度）。選擇由公開快照決定。
證據屬性
| 平台 | 監管 | 法律實體 | 準備金證明 | 託管 | 地域範圍 | 產品 | 覆蓋度 |
|---|---|---|---|---|---|---|---|
| Hyperliquid | 0 | 1 | 0 | 1 | 2 | 1 | 5 / 7i |
| Lighter | 0 | 1 | 0 | 1 | 14 | 1 | 4 / 7i |
| dYdX | 0 | 2 | 0 | 2 | 9 | 1 | 4 / 7i |
| Binance | 4 | 4 | 1 | 3 | 3 | 4 | 6 / 7i |
dYdX
託管模式費用透明度地域紀錄公開紀錄完整度
- — Custody claim records: Hyperliquid 1 vs dYdX 2.
- — Fee snapshots on file: Hyperliquid 8 vs dYdX 0.
- — Geographic restriction records: Hyperliquid 2 vs dYdX 9.
- — Public-record completeness composite differs (Hyperliquid 20 vs dYdX 17).
Binance
監管證據託管模式準備金證明可得性費用透明度地域紀錄產品收錄公開紀錄完整度法域
- — Regulatory records on file: Hyperliquid 0 (exact IDs 0) vs Binance 4 (exact IDs 4).
- — Custody claim records: Hyperliquid 1 vs Binance 3.
- — PoR snapshots on file: Hyperliquid 0 vs Binance 1 (PoR ≠ audit).
- — Fee snapshots on file: Hyperliquid 8 vs Binance 0.
仍未解決的問題
未決問題與缺失領域保持未知。空儲存格不是安全結論。
- Hyperliquid: Terms state Interface/protocol not licensed by any authority; not converted to Unregulated authorization row
- Hyperliquid: Non-custodial interface; no PoR disclosure expected/found
- Lighter: Elliot Technologies Interface disclosed; no regulator authorization packaged
- Lighter: Non-custodial interface; no PoR disclosure found
- dYdX: DTI states it does not operate public deployments; no licence record packaged
- dYdX: DEX/software — no PoR product applicable / no disclosure found
- Binance: Fee schedule blocked by bot/JS wall; no official PDF numeric schedule confirmed this phase
局限
這不是「最佳備選」排名。檔案再核驗後差異可能變化。區域紀錄並不意味著全球獲批。