$HYPE is eating the perps game alive
$200B in October volume = 35% of ALL on-chain perps trading. That's not just winning, that's complete market capture.
Top 5 perp DEXs by volume:
1. Hyperliquid - $200B (the undisputed king)
2. Variational - $69.5B
3. Lighter - $45B
4. Aster - $41.8B
5. EVEDEX - $23B
Hyperliquid is doing 3x the volume of #2. The gap isn't closing, it's widening.
If you're still trading perps on CEXs in 2024, you're ngmi. The liquidity has spoken.
$200B in October volume = 35% of ALL on-chain perps trading. That's not just winning, that's complete market capture.
Top 5 perp DEXs by volume:
1. Hyperliquid - $200B (the undisputed king)
2. Variational - $69.5B
3. Lighter - $45B
4. Aster - $41.8B
5. EVEDEX - $23B
Hyperliquid is doing 3x the volume of #2. The gap isn't closing, it's widening.
If you're still trading perps on CEXs in 2024, you're ngmi. The liquidity has spoken.