Perpetual DEXs Heat Up: Hyperliquid Faces Rising Competition
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Perpetual DEXs Heat Up: Hyperliquid Faces Rising Competition

September 22, 2025
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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

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