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Perpetual DEXs Heat Up as Hyperliquid Smashes $106M Revenue and $400B Volume. Can It Replicate Solana’s Q4 2024 Growth?


by Izabela Anna
for CoinEdition
Hyperliquid tops $106M monthly revenue and $400B volume as Solana-style growth buzz builds
  • Perpetual DEXs surge as Hyperliquid posts $106M revenue and $400B volume, fueling Solana debate
  • Bitcoin dips near $106K may trigger Q4 rallies, boosting altcoin DEX platforms
  • Apex, Aster, and Bluefin gain traction with staking, liquidity, and buyback upgrades

Analyst firm Altcoin Buzz has described perpetual DEXs as the most dynamic part of today’s decentralized finance (DeFi) market. Investor Cathie Wood has gone further, calling Hyperliquid crypto the platform most likely to replicate Solana’s growth from the last cycle. 

That comparison gained weight in August when Hyperliquid posted $400 billion in monthly trading volume and a record $106 million in revenue, a 23% jump from July, according to DefiLlama.

Bitcoin Cycles Drive DeFi Rotations

Every move in DeFi trends still ties back to Bitcoin. Analysts tracking Bitcoin’s four-year rhythm see a likely …

Read The Full Article Perpetual DEXs Heat Up as Hyperliquid Smashes $106M Revenue and $400B Volume. Can It Replicate Solana’s Q4 2024 Growth? On Coin Edition.

Read the article at CoinEdition

Read More

FTX’s $1.6 Billion Payout Arrives as US Shutdown Looms—Relief for Crypto?

FTX’s $1.6 Billion Payout Arrives as US Shutdown Looms—Relief for Crypto?

FTX is in the process of repaying $1.6 billion to its creditors as the exchange’s rep...
The Next Big Airdrops? 3 Perp DEXs Traders Can’t Stop Farming

The Next Big Airdrops? 3 Perp DEXs Traders Can’t Stop Farming

Perpetual DEXs (decentralized exchanges for perpetual futures) have become the latest...

Perpetual DEXs Heat Up as Hyperliquid Smashes $106M Revenue and $400B Volume. Can It Replicate Solana’s Q4 2024 Growth?


by Izabela Anna
for CoinEdition
Hyperliquid tops $106M monthly revenue and $400B volume as Solana-style growth buzz builds
  • Perpetual DEXs surge as Hyperliquid posts $106M revenue and $400B volume, fueling Solana debate
  • Bitcoin dips near $106K may trigger Q4 rallies, boosting altcoin DEX platforms
  • Apex, Aster, and Bluefin gain traction with staking, liquidity, and buyback upgrades

Analyst firm Altcoin Buzz has described perpetual DEXs as the most dynamic part of today’s decentralized finance (DeFi) market. Investor Cathie Wood has gone further, calling Hyperliquid crypto the platform most likely to replicate Solana’s growth from the last cycle. 

That comparison gained weight in August when Hyperliquid posted $400 billion in monthly trading volume and a record $106 million in revenue, a 23% jump from July, according to DefiLlama.

Bitcoin Cycles Drive DeFi Rotations

Every move in DeFi trends still ties back to Bitcoin. Analysts tracking Bitcoin’s four-year rhythm see a likely …

Read The Full Article Perpetual DEXs Heat Up as Hyperliquid Smashes $106M Revenue and $400B Volume. Can It Replicate Solana’s Q4 2024 Growth? On Coin Edition.

Read the article at CoinEdition

Read More

FTX’s $1.6 Billion Payout Arrives as US Shutdown Looms—Relief for Crypto?

FTX’s $1.6 Billion Payout Arrives as US Shutdown Looms—Relief for Crypto?

FTX is in the process of repaying $1.6 billion to its creditors as the exchange’s rep...
The Next Big Airdrops? 3 Perp DEXs Traders Can’t Stop Farming

The Next Big Airdrops? 3 Perp DEXs Traders Can’t Stop Farming

Perpetual DEXs (decentralized exchanges for perpetual futures) have become the latest...