On some trading days, Hyperliquid's trading volume surpasses Ethereum, with institutional funds shifting to high-volatility assets such as HYPE.
ChainCatcher news, according to CoinDesk, FalconX stated that on some trading days its trading volume on the decentralized derivatives platform Hyperliquid has surpassed Ethereum. Institutions and hedge funds are moving from the range-bound Bitcoin and Ethereum to more volatile assets such as HYPE, Zcash, Venice, and AI concept tokens.
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