Perpetual DEXs Heat Up: Hyperliquid Faces Rising Competition
Perpetual decentralised exchanges (DEXs) have emerged as one of the fastest-growing sectors in decentralised finance (DeFi), sparking a new wave of competition. Once a niche market, perpetual futures trading is now driving both liquidity and attention away from centralised exchanges and even threatening the dominance of early leaders such as
Hyperliquid Hits $320B in July, Eyes Full Token Buyback in 4 Years
Hyperliquid, a layer-1 decentralized exchange (DEX) focused on perpetual futures, has posted its strongest month to date in July 2025. The protocol’s monthly trading volume surged to a record-breaking $320 billion, representing a 47% increase from June’s $216 billion and a 28% jump from May’s previous record of $248 billion.
Hyperliquid Pays $2M After Outage, Boosting DEX Trust
In a notable display of user-first transparency, decentralised derivatives exchange Hyperliquid has reimbursed nearly $2 million in USDC to traders impacted by a 37-minute API outage that occurred on July 29. The outage, which temporarily halted order execution, sparked concern among users but was quickly addressed by the platform’s team.
James Wynn’s $100M Crypto Crash on Hyperliquid
James Wynn, a pseudonymous crypto trader once hailed as a meme coin prodigy, has shocked the crypto world with a dramatic confession: he lost $100 million in just a matter of days. Known for turning micro-investments into millions, Wynn’s recent misadventure on the decentralised perpetuals platform Hyperliquid serves as a














































