Hyperliquid's Perp DEX market share rises to 64%
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Jinse Finance reported that on April 3, Delphi Digital posted on X saying that by the end of 2025, competition among Perp DEXs will fully erupt, causing Hyperliquid's market share to be cut in half. Subsequently, thanks to market expansion into new areas such as commodities and stock perpetual contracts, its share rebounded to 64%. Currently, trading volume contributed by HIP-3 accounts for more than 30% of Hyperliquid’s total trading volume.
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