😯 HyperLiquid controls 90% of the daily active audience in the perpetual futures market
HyperLiquid, operating on its own L1 blockchain, has practically monopolized this highly competitive DeFi sector.
For comparison: all other perp platforms (GMX, dYdX, Aevo, Drift, and others) are collectively fighting for just 10% of active traders.
In the DeFi market, such a level of dominance by a single platform is rare and often serves as a foundation for further growth of the ecosystem (HYPE token, staking, new products, etc.). $HYPE
📊 Market right now: BTC — $78,930,$BTC ETH — $2,222,$ETH Market Cap — $2.62T (-1.63%) Fear & Greed — 45 RSI — 39.7 MACD — bearish
📉 Market is weakening: Coinbase is in the red, altcoins are under pressure
▫️ Coinbase: loss of $394 million in Q1 2026 ▫️ Revenue dropped by 31% ▫️ Exchange lays off 14% of staff ▫️ On May 21, halting futures for some tokens due to low liquidity
The market is entering a cautious phase: capital is fleeing from alts into BTC and safe-haven assets. If $78k can't hold, a drop to $75–76k is possible.
Whales $XRP have been in accumulation mode since 2018, holding 45.83 billion tokens worth $68.5 billion, while $XRP is targeting $1.50, according to Santiment.
In May, #BTC , $ETH , $SOL , and $BNB are moving faster than the S&P 500. At the same time, inflows to CEX, ETFs, and stablecoins are in the green — the market is receiving a new influx of liquidity.
Binance has captured 78% of all net inflows to CEX. In stablecoins, $3.6 billion has flowed in over the week, while on a monthly level, there's an additional $1.51B in ETFs, $2.49B in stablecoins, and $3.29B in CEX holdings. 🚀
Affected BTC, ETH, BSC, and Base. Hackers have drained over $7.4 million in assets, with a subsequent update indicating total losses around $10 million.
The protocol has already halted trading and operations. The market has received a clear signal: pressure on THORChain's infrastructure continues, and the priority now is to localize the losses 🔒 $TRX
BTC's market share on exchanges has dropped to 5.6% — the lowest level since 2018. This figure has remained unchanged for a month, indicating weak selling pressure.
$ETH is moving in the opposite direction: the exchange share has risen to 4.6% from 4.2% in 10 days. Exchange balances for both assets remain low — this supports a supply shortage 🚀
JPMorgan notes a gap that's been widening since 2023. Bitcoin is currently ruling the market, while Ethereum and the broader alt segment are struggling to keep up with its pace.
For a reversal, we need solid on-chain metrics: activity in DeFi and demand for real-world applications. Previously, L2 upgrades were pressuring fees, weakening the burn mechanics, and increasing ETH supply. New bets on scalability — Glamsterdam and Hegota.