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Hyperliquid Explained: A Deep Dive Into the Perp DEX That Reshaped Crypto in 2025

Hyperliquid didn’t rely on hype cycles or marketing blitzes to break into the spotlight—it engineered its way into relevance, forcing the crypto industry to reassess how far onchain trading infrastructure…

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November Softens but Perp DEX Platforms Flex $1.13 Trillion in Onchain Derivatives Action

While decentralized perpetual exchanges, or perp DEXes, clocked an eye-popping $1.2 trillion in volume in October, the data reveals their November tally eased slightly, trading a bit softer than the…

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Perp DEX Space Heats up — Lighter Ignites $68M Fundraise as Investors Flock to Defi’s Next Big Thing

Vladimir Novakovski’s blockchain startup Lighter has secured $68 million in fresh funding from top-tier backers, marking one of the most notable reverse pivots in Silicon Valley—from artificial intelligence (AI) back…

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Aster, Hyperliquid, and More: Nearly $1 Trillion in Perp DEX Trades Recorded in Just 30 Days

With the perpetual decentralized exchange (DEX) wars blazing hotter than a meme coin rally, defillama.com shows the battlefield tally: nearly a trillion dollars in trades over the last week, with…

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