#perpetuals

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fromcointelegraph.com
5 days ago

How Aster, Lighter and Hyperliquid are competing for the next era of onchain trading

A new wave of DEX wars has shifted from token incentives to a focus on speed, leverage and sustainable infrastructure. Hyperliquid continues to lead the market with over $300 billion in monthly volume, strong liquidity and rising institutional adoption. Aster's growth is powered by airdrops, Binance-backed credibility and leverage that attract professional traders. Lighter is gaining momentum through its Ethereum layer-2 speed, zero-fee trading model and exclusive points-based yield farming system.
Venture
Cryptocurrency
fromcointelegraph.com
1 month ago

How Hyperliquid hit $330B in monthly trading volume with just 11 employees

Hyperliquid, a split-chain L1 perpetuals exchange, processed roughly $320–330 billion in July 2025 while achieving CEX-like speed and onchain custody.
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