Ether Volume Overshadows Bitcoin on HyperLiquid as Platform Activity Hits $500B
HyperLiquid's ether perpetuals have done more volume this week than BTC.
HyperLiquid's total perp volume since inception has surpassed the $500 billion mark.
The HYPE token has surged over 300% in two weeks and now boasts a bigger market value than the likes of AAVe, RAY and JUP.
Bitcoin (BTC) is not the only one setting milestones. HyperLiquid, the leading on-chain perpetuals trading protocol operating on its custom-built layer 1 blockchain, is setting impressive records, too, with the platform seeing more activity in ether (ETH) than bitcoin.
The cumulative perpetuals volume on the platform has surged past $500 billion, registering a staggering 15-fold year-to-date rise, according to DefiLlama.
