Wu Blockchain (@WuBlockchain): Hyperliquid’s May Perps Volume Hits Record 6.63% of Global CEX Total and 14.4% of Binance
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Hyperliquid’s May Perps Volume Hits Record 6.63% of Global CEX Total and 14.4% of Binance Hyperliquid saw its May perps volume rise to a record 6.63% of total global CEX perpetual futures volume and 14.4% relative to Binance, also a new high. The growth was mainly driven by its HIP-3 framework, which generated more than $62 billion in May volume and about $3 billion in open interest, though the report noted that Hyperliquid’s pure crypto perps volume still declined year over year amid broader market weakness. https://x.com/TheBlockCo/status/2062216782174187662?s=20