. @HyperliquidX dominates perpetual markets! 🚨
• $HYPE led 24-hour trading volume at $9.7B, surpassing the combined major Perp DEXs ($9.6B).
• Open interest on Hyperliquid reached $9B, more than double the combined $4.6B on other Perp platforms.
• This highlights growing concentration of liquidity and capital in high-activity, institutional-friendly perpetual trading venues like @HyperliquidX, @OfficialApeXdex, and @gmtrade_xyz.
Hyperliquid is now the main hub for Perp trading, signaling a shift toward centralized liquidity in specialized DeFi derivatives.