Hyperliquid continues to dominate the perpetual DEX landscape, capturing 80% of all users trading perpetual contracts on decentralized platforms. Even more striking? The protocol holds 52% of total open interest across the entire perp DEX sector. These numbers highlight just how concentrated liquidity and trader activity remain on this platform, despite the growing competition in decentralized derivatives markets.
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GasFeeGazer
· 17h ago
80% of users are playing Hyperliquid, this monopoly is just too outrageous...
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ContractBugHunter
· 17h ago
80% of the market share, this is the pace to unify the world... However, is such a monopoly really good for the ecosystem?
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MetaMisery
· 17h ago
Wow, Hyperliquid's level of monopoly is really impressive, with 80% of users? It seems like other perp DEXs are just slacking off.
Hyperliquid continues to dominate the perpetual DEX landscape, capturing 80% of all users trading perpetual contracts on decentralized platforms. Even more striking? The protocol holds 52% of total open interest across the entire perp DEX sector. These numbers highlight just how concentrated liquidity and trader activity remain on this platform, despite the growing competition in decentralized derivatives markets.