While the market bled, $HYPE ran the other way.
Per CoinMarketCap AI, Hyperliquid's trading volume jumped over 680% on Oct 30 as the token rallied through the Binance hack sell-off.
Add the ICE plan for a regulated US perps venue built on Hyperliquid infrastructure (pending CFTC approval), and onchain perps are getting real attention.
My take: stress days push traders toward venues they can verify onchain. Whether that sticks is the open question. Not financial advice.
Is $HYPE's strength a lasting shift toward onchain perps, or just a one-day flight from exchanges?
#Hyperliquid #Perps #Crypto
Per CoinMarketCap AI, Hyperliquid's trading volume jumped over 680% on Oct 30 as the token rallied through the Binance hack sell-off.
Add the ICE plan for a regulated US perps venue built on Hyperliquid infrastructure (pending CFTC approval), and onchain perps are getting real attention.
My take: stress days push traders toward venues they can verify onchain. Whether that sticks is the open question. Not financial advice.
Is $HYPE's strength a lasting shift toward onchain perps, or just a one-day flight from exchanges?
#Hyperliquid #Perps #Crypto