Hyperliquid Surpasses Ethereum in Trading Volume

Decentralized derivatives platform Hyperliquid is outperforming Ethereum in daily trading volume, attracting institutional investors and hedge funds. This shift is driven by capital rotating away from range-bound Bitcoin and Ether towards altcoins offering early access to volatile markets like pre-IPO perpetuals and tokenized stocks. FalconX reports significant liquidity on Hyperliquid, noting its appeal for trading assets not easily accessible elsewhere. The platform's growth suggests a broader trend of crypto-native venues evolving into 24/7 trading hubs for diverse financial assets, despite ongoing regulatory uncertainties.