Bitcoin whales on Hyperliquid hit record net-long positions while retail investors face 40% losses from October peak, delaying major purchases.
Top Hyperliquid traders have built record net-long Bitcoin positions since early March, signaling strong bullish sentiment.
Hyperliquid's perpetual futures trading volume share surged to nearly 6% in March, doubling from a year earlier amid a $200 billion monthly market.
Aster DEX reduces monthly token unlocks by 97% with staking switch, intensifying competition with Hyperliquid and Lighter in custom blockchain space.
Hyperliquid's HYPE token experiences significant price surge after margin system upgrade and oil trading feature launch.
Decentralized perpetuals exchange Lighter emerges as a challenger to category leader Hyperliquid, signaling increased competition in DeFi derivatives.