#CryptoCharts101

🔥 Hyperliquid captures the market: $248 billion in turnover and over 10% share from Binance — TheBlock

📈 The decentralized exchange Hyperliquid set a record: in May, the trading volume for perpetual futures reached $248 billion — a growth of 51.5% month-over-month and 843% year-over-year.

📊 For the first time, Hyperliquid's share against Binance exceeded 10% — the 'Hyperliquid/Binance' indicator rose to 10.54%, marking a historic penetration of the on-chain protocol into the dominated CEX segment.

📌 What this means:

— Hyperliquid is taking liquidity from centralized giants;

— The project demonstrates that a decentralized perp market can be not only viable but also dominant;

— Trust in on-chain derivatives is strengthening, especially against the backdrop of regulatory pressure on CEX.

Hyperliquid is not just increasing volumes — it is transforming into a new model of the crypto market: transparent, fast, and resilient. While centralized platforms are losing ground, DeFi infrastructure is emerging as a leader.