Think it may be time to start beta-chasing on $HYPE as it now has a 92% dominance over the entire perpetual market.
This is pretty significant when compared to other sectors. Ex:
- PoS: $ETH at 54%
- Lending: $AAVE at 53%
- Stablecoins: $ENA at 45%
While I don’t expect HYPE to fall to a 50% share, even a drop to 80% at current valuations is a $2B opportunity 👀