Hyperliquid Dominates Decentralized Perpetual Futures Market in Just One Year

In a stunning display of rapid growth, Hyperliquid has cemented its position at the forefront of decentralized perpetual futures trading, controlling nearly 80% of the market just one year after launch. This impressive dominance raises concerns about potential risks if trading volumes decline. The platform’s success can be attributed to a combination of high-speed execution, a user-friendly interface, and strong incentives for developers and traders alike.