Data: Hyperliquid occupies nearly 70% of the on-chain perpetual contract market, with a trading volume of 175 billion dollars in March
ChainCatcher news, according to The Block, the decentralized perpetual contract protocol Hyperliquid has recently reached a market share of nearly 70%, a significant increase compared to the beginning of 2024.
Its trading volume in March reached $175 billion, and in the first half of April, it has already reached $83 billion, with the protocol's trading volume approaching 10% of Binance.
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