🚨 LATEST: Hyperliquid leads perp #DEX market with 7x higher open interest than #Lighter and lower turnover signaling organic activity despite recent FUD, per CryptoRank.
LATEST: 📉 #Bitcoin and #Ethereum ETFs recorded combined outflows of $232M on Wednesday, with BlackRock's IBIT losing $91.37M and Grayscale's ETHE seeing $57M in outflows as traders reduced positions ahead of Christmas.
Castle Labs data shows L1 tokens have broadly underperformed this year: $HYPE is down 6.5%, ETH 15.3%, SOL 35.9%, SUI 67.3%, AVAX 67.9%, and TON 73.8%. Only $BNB and $TRX posted gains, up 18.2% and 9.8%, respectively.