October 7 — 24-hour market brief:
BTC $85,489, ETH $2,697. The overall market remained weak, with total market cap down 3.18% over 24 hours.
ETF flows were looking pretty good, though:
BTC ETFs saw net inflows of $89.8M for the day, and ETH ETFs $50.8M.
On-chain DEXs:
Solana ranked first at $2.06B,
Base at $1.31B,
Robinhood Chain at $1.18B,
and Ethereum at $1.10B.
Perps were the biggest mover today.
Hyperliquid ranked first with 24-hour trading volume of $7.66B, up a whopping 150%.
The on-chain perps market saw about $25.65B in 24-hour trading volume, with Hyperliquid alone accounting for nearly 30% of it.
Hyperliquid also generated around $2.45M in protocol revenue over 24 hours, up 72%.
The market may not be doing so well lately, but on-chain perps are definitely heating up.
BTC $85,489, ETH $2,697. The overall market remained weak, with total market cap down 3.18% over 24 hours.
ETF flows were looking pretty good, though:
BTC ETFs saw net inflows of $89.8M for the day, and ETH ETFs $50.8M.
On-chain DEXs:
Solana ranked first at $2.06B,
Base at $1.31B,
Robinhood Chain at $1.18B,
and Ethereum at $1.10B.
Perps were the biggest mover today.
Hyperliquid ranked first with 24-hour trading volume of $7.66B, up a whopping 150%.
The on-chain perps market saw about $25.65B in 24-hour trading volume, with Hyperliquid alone accounting for nearly 30% of it.
Hyperliquid also generated around $2.45M in protocol revenue over 24 hours, up 72%.
The market may not be doing so well lately, but on-chain perps are definitely heating up.