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Hyperliquid just emergency delisted the JELLY token — claiming it saved $240 million in liquidations. But the way it happened has the crypto community asking one serious question: Is DeFi still decentralized? In this video, we break down the full Hyperliquid x JELLY drama — from Ansem’s memecoin launch to the sudden shutdown of trading, and the growing backlash over centralization on so-called decentralized exchanges. Was this a smart risk move, or a major red flag? Stick around as we dive into what really happened, why it matters, and what it says about the future of DeFi, governance, and user trust. 📉 What’s inside: What triggered the Hyperliquid delisting of JELLY The $240M liquidation threat explained Why traders are calling out centralization What this means for the future of perp DEXs and DeFi trust Like, comment, and subscribe if you're keeping your eyes on the real power moves behind the crypto headlines. #Hyperliquid #JELLYToken #DeFiNews #CryptoDrama #Decentralization #CryptoNews #Ansem #PerpDEX #Web3Governance #CryptoMarket #EmergencyDelisting