@beefdeg
The post-Binance era is coming and it’s not about who trades more, but who monetizes smarter.
Same volume, different business model: @HyperliquidX (on-chain fees) vs @RobinhoodApp (PFOF + spread).
https://medium.com/@denizergingunduz/defi-revenue-models-for-institutional-investors-part-i-hyperliquid-case-study-050a35180b17
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