The perps wars are heating up

📌 The Rundown:
• Hyperliquid’s weekly trading volume has dipped below that of newer competitors, signaling a shift in user preference toward platforms offering lower fees and faster execution.
• A forthcoming “Lighter” airdrop is poised to redistribute liquidity provider tokens, potentially realigning incentives and boosting long‑term protocol engagement.

🎯 Strategic Outlook:
The perps wars will likely accelerate as protocols refine fee structures and incentive mechanisms. Platforms that balance low friction with robust tokenomics—especially those leveraging airdrops to deepen liquidity—are set to capture sustained adoption and drive the next wave of DeFi growth.

🚀 Top 24H Futures Outperformers:
• $NOM (+50.4%) — Price: 0.002653
• $LSK (+28.4%) — Price: 0.3958
• $NIL (+25.2%) — Price: 0.1308

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