Hyperliquid, a prominent decentralized exchange (DEX), is attracting attention in the cryptocurrency market thanks to its smooth interface and high transaction speeds. This platform operates on its own blockchain, providing perpetual futures without the need to own the underlying assets, combining elements of centralized finance (CeFi) and decentralized finance (DeFi).
Hyperliquid stands out with Ethereum compatibility, fast transaction speeds, and deep liquidity, along with advanced trading features such as scale orders and decentralized order books. 🌐
The HYPE token of Hyperliquid is not only a means of paying fees but also allows users to participate in decentralized governance and earn rewards through staking. Hyperliquid conducted a large airdrop in 2024, focusing on the community rather than private investors, setting a new standard for token distribution. 🚀