Hyperliquid Still Best-Positioned Perp DEX Despite Aster’s Surge, DeFi Analyst Says

A new thesis from DeFi analyst Patrick Scott argues that despite losing market share to rivals, Hyperliquid remains the most investable decentralized exchange for perpetual futures. Perp DEX market in flux Perpetual futures — or perps — are crypto derivatives that allow traders to speculate on prices without an expiry date. The decentralized platforms that host them, known as perp DEXes, have surged in popularity as traders move activity away from centralized exchanges (CEXes) such as Binance. Scott not ...