📉 Once the dominant player in on-chain perpetuals, @HyperliquidX is losing ground to rising platforms like Lighter and @Aster\_DEX .

Its market share has fallen from 71% in May to 38%, while Lighter and Aster have surged to 16.8% and 14.9% respectively, per @Dune data.

🔥 The on-chain perps market is booming: nearly $700B traded in the past 4 weeks, with $42B in just the last 24 hours.

Source：@CoinDesk

#DeFi Perpetuals #OnChainTrading Crypto