The Hyperliquid platform ($HYPE) is leading the decentralized perpetual futures market, with an Open Interest volume 7 times higher than its closest competitor, with lower turnover, indicating that current activity is normal and genuine rather than rapid speculation, despite the recent FUD, according to CryptoRank data.

📌 In short: liquidity on Hyperliquid is stable, and it is clear that traders are present with confidence, not temporary flight.