$XYZ is quietly taking over the perp DEX tape

XYZ now controls $157B of the Hyperliquid HIP-3 perp DEX sector’s $181.37B total volume, or 86.9% of the market. That kind of concentration usually tells you where liquidity is deepest and where bigger players are choosing to park size, while newer launches like Paragon show the competitive field is still widening.

Not financial advice. Manage your risk and protect your capital.

#Crypto #DeFi #DEX #Altcoins #OnChain

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