As BTC Open Interest Climbs, HFDX Emerges As A Preferred Hyperliquid Alternative

Bitcoin open interest has been climbing steadily, a sign that leverage is building back into the market. When positioning grows crowded, traders tend to become far more selective about where exposure is held. Execution quality, liquidation behavior, and liquidity reliability matter more when trades carry size and downside risk increases. In that environment, on-chain perpetual [...]

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