Decoding Hyperliquid: Inside the Binary with Androo from HypurrFi

Androo Lloyd, co-founder and CEO of HypurrFi, joins Open Interest to pull back the curtain on one of DeFi's most ambitious projects: reverse engineering the closed-source Hyperliquid binary. Andrew explains why HypurrFi — a protocol built natively on Hyperliquid's EVM — chose to decode the binary using AI-driven agent orchestration, treating it as a competitive edge in a market where institutional trading firms have almost certainly done the same, just quietly. The conversation covers Hyperliquid's architectural design as a "consensus of multiple ledgers," the role of AI in accelerating reverse engineering from months to overnight CPU tasks, and what the binary reveals about Hyperliquid's future: HIP-4 binary options, permission spot markets, and TradFi integration. Androo also shares his bull case for Hyperliquid as the internet of money — eventually rivalling CME, entering insurance markets, and becoming the infrastructure layer that makes the EVM relevant for the next decade.