Next “Binance Killer”? Hyperliquid Now Dominates DeFi Derivatives, New Report Shows

Hyperliquid is no longer just the shiny new decent

Next “Binance Killer”? Hyperliquid Now Dominates DeFi Derivatives, New Report Shows

Next “Binance Killer”? Hyperliquid Now Dominates DeFi Derivatives, New Report Shows

Hyperliquid is no longer just the shiny new decentralized exchange for perpetual futures (a perp DEX). Recent data from CoinGecko

HYPE's price trends to the upside as seen on the daily chart. Source: HYPEUSD on Tradingview

Cover image from ChatGPT, HYPEUSD chart from Tradingview

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