@alidkm
📊 Hyperliquid remains the undisputed leader of Perp DEXs.
In July, @HyperliquidX processed $218B in trading volume—more than the other top 7 Perp DEXs combined ($189B).
Although total top-8 volume fell 17% MoM (-$85B), the market structure didn't change. Liquidity is still heavily concentrated on Hyperliquid, while competitors continue to compete for a distant second place.
Dominance attracts liquidity—and liquidity attracts traders. 🚀
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