Next “Binance Killer”? Hyperliquid Now Dominates DeFi Derivatives, New Report Shows
Hyperliquid is not simply the shiny new decentralized change for perpetual futures (a perp DEX). Recent data from CoinGecko suggests it even surpassed Coinbase International’s derivatives quantity in 2025, placing it ahead as arguably essentially the most credible “Binance killer” candidate within the crypto derivatives market. Hyperliquid: The Rise of The Underdog Despite having launched…
