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Hyperliquid Still Rules the Perps Market, but HYPE Bulls Face Trouble

Josh1 min read

HYPE/USD chart via BinanceHyperliquid’s HYPE token has retreated roughly 22% from its September record near $98, even as the decentralized trading platform commands approximately $7.7 billion in open interest. With a $17 billion market capitalization, billions in cumulative trading fees, and an aggressive token buyback program, Hyperliquid still remains a heavyweight. Yet shrinking market share in real-world asset […]

Source: https://news.bitcoin.com/market-updates/hyperliquid-still-rules-the-perps-market-but-hype-bulls-face-trouble/

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