James Wynn publicly criticized Hyperliquid for lacking financial compensation and having a poor referral program. Despite bringing significant user engagement and trading volume to the decentralized platform, Wynn claims he only received $34,000 in referral fees. He commented: "Their referral program is really terrible compared to other platforms."
Wynn revealed that he had contacted HYPE rLiquid twice seeking potential collaboration agreements but received no concrete proposals. While acknowledging the platform's decentralized nature, he still emphasized the disparity between his contributions and rewards. This issue highlights the broader challenges of aligning incentive mechanisms in the decentralized exchange ecosystem.