Data: Hyperliquid Dominates On-Chain Perpetual Contract Market with Nearly 70% Market Share, March Trading Volume Reaches $175 Billion

BlockBeats News, April 18. The decentralized perpetual contract protocol Hyperliquid has recently reached a market share of nearly 70%, a significant increase from early 2024. Its March trading volume reached $175 billion, and in the first half of April, it has already reached $83 billion. The protocol's trading volume is now approaching 10% of Binance's. (The Block)