Hyperliquid in 2026: Inside the DeFi Exchange Still Leading Perpetual Trading
Key Takeaways Hyperliquid commands ~60% of on-chain derivatives open interest, backed by over $4 billion in Total Value Locked (TVL) and an annualized fee engine approaching $800M+. By building a custom Layer 1 powered by HyperBFT consensus, Hyperliquid delivers sub-second order matching and ~200,000 TPS on a fully on-chain order book. HYPE has transitioned […]
