Hyperliquid founder was an early participant in Binance Incubation Program Hyperliquid founder Jeff Yan participated in the Binance Labs investment incubation program back in 2018. At the time, he was working on creating a decentralized prediction market product called Deaux. Together with co-founder Brian Wong, they were interested in betting and aimed to use cryptocurrency to enable people to bet in global liquidity pools. During their time in the Binance incubation program, they adhered to the philosophy that 'user experience is critical' and explored the advantages of decentralization. The product aimed to combine the low fees and instant feedback of centralized exchanges like Binance with the security of blockchain smart contracts and decentralized democratic voting for settlement, striving to balance the best of both worlds. Video source: https://youtu.be/IczxVlRiDG8?si=Vk10YoHqD-VrhWnI