Hyperliquid Listing 101

As DeFi’s attack surface expands beyond smart contracts, liquidity providers are increasingly evaluating protocol resilience against its broader operating environment, from governance structures and operational controls to multi-chain architecture and infrastructure dependencies. Drawing on Auros’ experience as a market maker, this article examines how - beyond the code itself - governance, infrastructure and operational controls are becoming critical factors in modern DeFi security. It also outlines the key considerations protocols should heed as resilience becomes a differentiator in attracting long-term liquidity.