Hyperliquid's grip on the perpetual futures market continues to tighten, commanding 69% of daily active users across all perp trading platforms. This dominant market share underscores the platform's rising influence in on-chain derivatives trading, signaling a significant shift in how traders are consolidating their positions. The concentrated user base reflects both the platform's competitive edge in liquidity depth and the growing preference for decentralized perpetual swaps among active market participants.
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AirdropHunter
· 7h ago
69% is a bit outrageous, is Hyperliquid really that powerful?
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GasSavingMaster
· 7h ago
69%? That's so intense, hyperiquid is really outcompeting other platforms to death
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ImpermanentTherapist
· 7h ago
69%? How much effort does that take? Hyperliquid is really working hard.
Hyperliquid's grip on the perpetual futures market continues to tighten, commanding 69% of daily active users across all perp trading platforms. This dominant market share underscores the platform's rising influence in on-chain derivatives trading, signaling a significant shift in how traders are consolidating their positions. The concentrated user base reflects both the platform's competitive edge in liquidity depth and the growing preference for decentralized perpetual swaps among active market participants.