# Сопутствующие статьи по теме DEX

"We Are Heartbroken by CEX": 4 Users Reveal Why They 'Defected' to Hyperliquid

"We Are Heartbroken by CEXs": Four Users Explain Why They Switched to Hyperliquid In 2025, Hyperliquid emerged as a major player in the perpetual futures DEX space. Founded and self-funded by Jeff, it achieved significant traction, at one point handling over 10% of Binance’s daily contract volume and dominating more than 70% of the perp DEX market. Four users shared their perspectives on why they moved from CEXs to Hyperliquid: - **User A (Web3 Researcher)**: Hyperliquid prioritizes transparency and user experience over decentralization. It functions like a CEX but with on-chain settlement, offering control and verifiable transactions. - **User B (Hyperliquid Enthusiast)**: Driven by profit, he found CEXs increasingly exploitative in 2024. Hyperliquid’s wealth effect, community culture, and successful token auctions attracted users and generated significant returns. - **User C (Airdrop Farmer)**: Hyperliquid’s substantial airdrop and sustainable revenue model stood out. Its appeal to international users (especially those restricted from regulated CEXs) and high referral rewards also contributed to growth. - **User D (Project Executive)**: The meme coin boom and low liquidity in traditional tokens forced him into leveraged trading. Hyperliquid’s unique community behavior (e.g., opposing CEX-listed tokens) created arbitrage opportunities. Hyperliquid’s success stems from its user-centric design, transparency, and strategic community building. External factors, including CEXs’ failures in fostering wealth creation and trust, further drove users toward decentralized alternatives. The platform’s rise highlights a shift in user preference toward链上 products when CEXs underdeliver.

marsbit01/30 10:08

Primitive Ventures: Why Are We Bullish On On-Chain Perpetual U.S. Stocks?

Primitive Ventures argues that on-chain perpetual contracts for US equities represent a pivotal convergence point for crypto and traditional finance, poised to absorb global liquidity. The trend is driven by crypto's innate preference for volatility and key infrastructure upgrades: crypto in-kind margin acceptance by CBOE/CME, DTCC's potential on-chain settlement integration, and the emergence of tokenized equities as collateral enabling systematic basis farming. The dynamic involves "onshore issuance, offshore distribution." While entities like Ondo focus on compliant tokenized stock issuance, demand flows to platforms with superior distribution and trading interfaces, predominantly on BNB Chain. On-chain perps attract global professional traders seeking 24/7 access, high leverage, cross-margin efficiency, and DeFi composability, bypassing traditional broker limitations. The stack is maturing with infrastructure (HIP-3/HyperCore, Orderly, Chainlink), trading platforms (Trade.xyz, Ostium), and terminal frontends (Based, Phantom). The future is a unified global "margin network" where diverse assets serve as interoperable collateral. However, the window is narrowing. The primary threat is not demand but regulatory approval of onshore products, which could rapidly shift activity back to established brokers (e.g., Robinhood with 0DTE options). With the SEC/CFTC actively studying perps and compliant entrants like Bitnomial emerging, offshore/on-chain players must quickly capture liquidity and shape rules before standardization occurs. The race is on to leverage crypto's distribution power and capital efficiency to rewrite traditional finance's operating model.

marsbit01/30 08:19

Hot Interactions Collection | Surf Launches Points System; MemeMax's MaxPacks Event Ongoing (January 30th)

Hot Interaction Roundup: Surf Launches Points System; MemeMax's MaxPacks Campaign Underway (Jan 30) Surf, an AI platform built for the crypto space, has officially launched its version 1.5 and introduced a personal points system. Users can earn "Surf Waves" points by subscribing to paid membership tiers (Plus, Pro, Max), actively using the platform for research, or inviting friends. The project recently completed a $15 million funding round led by Pantera Capital. MemeMax, a decentralized exchange platform for Meme tokens on the MemeCore chain, is running a Pre-Launch campaign. Users can earn MaxPacks by sending 10 transactions on the MemeCore chain before 8:00 AM UTC on January 31. Additionally, Twin, a platform that allows users to build infinitely scalable AI agents using natural language without coding, was featured. It recently secured $10 million in seed funding. Users can interact with its platform to earn 500 points and set up AI agents for tasks like price alerts.

Odaily星球日报01/30 07:40

Solana processes 40% of L1 throughput amid memecoin boom – Explained

Solana is currently processing approximately 40% of all Layer-1 blockchain transactions, second only to Internet Computer, as it handles a significant surge in memecoin activity. This period of intense speculation is acting as a real-world stress test, demonstrating the network's scalability, resilience, and consistent throughput of 2,000 to 5,000 transactions per second (TPS) without performance degradation. Key advantages like parallelized execution and low fees allow high activity to be additive rather than destabilizing. Furthermore, this usage translates into substantial economic value, with Solana generating $145 million in app revenue and over $110 billion in DEX volume in 30 days, far exceeding Ethereum and validating its sustainable monetization at scale.

ambcrypto01/30 01:01

HYPE Price Rises as Trading Activity and Open Interest Increase

Hyperliquid's native token HYPE has risen to approximately $32.90, marking a 15.67% gain in the past 24 hours, with trading volume reaching $912 million. Market capitalization stands at around $9.93 billion. Open interest on the platform has surged to $790 million, up significantly from $260 million a month prior, driven by increased trading in commodity-linked perpetuals and strong derivatives activity. Technical indicators suggest a short-term recovery after a prolonged consolidation below $30. The RSI nears 70, indicating strong buying momentum, while the MACD and Bull Bear Power Trend also signal growing bullish pressure. Key support is near $28, with resistance in the $34–$36 range. A break above could target $38–$40, though the broader trend depends on sustained market participation.

TheNewsCrypto01/28 18:52

PUMP rallies as Pump.fun usage doubles: Can Solana ride the memecoin wave?

ambcrypto01/28 09:02

From Competing on Experience to Building Assets: Hyperliquid is Moving Ahead of CEXs

Amidst a general market stagnation, Hyperliquid ($HYPE) has demonstrated notable independent growth, signaling a shift in the Perp DEX narrative. Rather than competing solely on user experience akin to centralized exchanges (CEXs), Hyperliquid is expanding into synthetic assets—including commodities like crude oil, precious metals, and foreign currencies—through its HIP-3 protocol. This positions it not just as a decentralized exchange, but as a crypto-native, Nasdaq-like platform for global asset trading. The move reflects a broader trend of on-chain liquidity integrating with real-world assets, a direction also being explored by major CEXs like Bitget, OKX, and Bybit. Hyperliquid’s advantages include narrower spreads, faster execution, and 24/7 availability compared to traditional platforms. It leverages on-chain transparency, permissionless listings, and fee redistribution to challenge the opaque, centralized models of CEXs and traditional finance—focusing on code-based trust rather than decentralization rhetoric.

比推01/28 05:06

While CEXs Are Still Competing on Experience, Hyperliquid Is Already Trading Precious Metals and Forex

While centralized exchanges (CEXs) are still competing on user experience, Hyperliquid has expanded into trading precious metals and foreign exchange. The platform is shifting its narrative from being a user-friendly decentralized exchange (DEX) to becoming a crypto-native, on-chain Nasdaq through its HIP-3 protocol, offering synthetic assets like oil, forex, and metals. This move reflects a broader industry trend where on-chain liquidity is beginning to integrate with real-world assets, offering tighter spreads, faster execution, and 24/7 availability. Hyperliquid is also introducing new market rules such as full transparency, permissionless listings, and fee redistribution, using code-based trust to challenge the opaque advantages of CEXs and traditional finance.

marsbit01/28 03:14

Cardano Founder Says Midnight Could Eclipse All Privacy Projects Within A Year

Cardano founder Charles Hoskinson introduced Midnight as the ecosystem's "crown jewel" and a critical privacy solution for mainstream crypto adoption. He argued that while existing blockchains perfected transparency, they lack a compliant privacy layer essential for real-world business. Midnight enables selective data disclosure for regulatory compliance (like KYC/AML) without sacrificing privacy, and supports hybrid applications across multiple blockchains. Hoskinson revealed that over 50% of Midnight’s tokens were distributed to ADA holders, and early trading volume exceeded $9 billion. He projected that Midnight will surpass all privacy-focused projects within a year, crediting Cardano’s deep research team, which includes pioneering computer scientists. At the time of writing, ADA was trading at $0.3512.

bitcoinist01/27 14:02

Hyperliquid Is Now Crypto’s Most Liquid Platform, CEO Claims — How True Is It?

Hyperliquid has rapidly emerged as a leading decentralized perpetuals exchange, with CEO Jeff Yan claiming it is now the "most liquid venue for crypto price discovery." The platform controls over 70% of decentralized perpetuals liquidity and shows tighter Bitcoin spreads ($1) compared to Binance ($5.50), along with deeper on-chain order book depth. It has over $8 billion in open interest and has processed $2.6 trillion in cumulative volume. While Binance remains larger in absolute scale ($50B+ open interest), Hyperliquid dominates the on-chain perps market and is expanding into traditional assets like commodities via its HIP-3 framework. Its fully transparent, on-chain order book offers verifiable liquidity, challenging the long-held assumption that real liquidity only exists on centralized exchanges. Despite not surpassing Binance in total volume, Hyperliquid sets the benchmark for decentralized perpetual trading and signals a structural shift in crypto price discovery.

ccn.com01/27 10:48