Hyperliquid Slips in Perp DEX Volume But Still Holds Liquidity Crown: Expert

TLDR: Hyperliquid’s Perp DEX market share slid from 45% to 8%, while Aster crossed $300B in weekly volume. Despite losing share, Hyperliquid holds 62% of Open Interest, keeping it ahead in DEX liquidity measures. USDH stablecoin has reached $25M market cap, backed by Blackrock and Superstate reserves for ecosystem growth. HIP-3 will let builders stake [...]

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