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Compiled by Odaily Planet Daily ( @OdailyChina ); Translated by Moni In just two years, a decentralized exchange built by a dozen engineers has gone from obscurity to attracting the attention of top investment institutions, leveraging billions of dollars in trading volume, and becoming a new focus in the crypto derivatives market. It is Hyperliquid. Today, perpetual futures—a derivatives trading model with no expiration date—dominate crypto speculation, with monthly trading volume exceeding $6 trillion. Hyperliquid thrives in this field. Although it is still far smaller than the leading exchange Binance, Hyperliquid has surpassed Coinbase in some indicators. Although Hyperliquid is popular among users in the crypto community for its transaction speed and transparency, its explosive growth has also caused some controversy. During the cryptocurrency market crash last week, platform traders…# विश्लेषण# क्रिप्टो# डेफी# एक्सचेंज# मार्केट# टोकन# टूल# वेब3上一篇
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