$HYPE has lost significant ground in the decentralized perpetuals space. Just months ago, it controlled nearly 70% of market share; now dominance has fallen below 20%, signaling a major shift in trader sentiment.

HYPE
HYPEUSDT
28.84
+2.53%

Competitors like $ASTER and $LIGHTER are aggressively incentivizing liquidity, drawing activity away from $HYPE and reshaping the leaderboard. Traders are starting to reassess $HYPE’s position — from untouchable frontrunner to a heavyweight under pressure.

ASTERBSC
ASTERUSDT
0.9486
+0.74%

If you’re watching the perp market, tracking these shifts in real-time could reveal where the next flows of momentum are heading. Check the price widgets for $HYPE, $ASTER, and $LIGHTER to see where traders are moving.