Core Insights - Hyperliquid (CRYPTO: HYPE) is emerging as a competitor to XRP (CRYPTO: XRP) in the cryptocurrency space, both aiming to attract specific types of capital while offering fast and inexpensive transactions [1][3] Group 1: Hyperliquid Overview - Hyperliquid is a Layer-1 blockchain designed to support a decentralized exchange (DEX) focused on crypto trading, particularly for leverage and derivatives [3] - The DEX on Hyperliquid has demonstrated significant activity, with over $1.1 billion in spot trading volume and more than $9.6 billion in perpetual futures trading volume as of September 18 [4] Group 2: XRP Overview - XRP Ledger (XRPL) is tailored for regulated money movement and tokenized finance, featuring protocol-level asset controls essential for financial institutions [5] - XRPL has a native stablecoin, RLUSD, with a total of $95.9 million in fiat currency-backed value and $159.4 million in tokenized U.S. Treasuries [6] Group 3: Liquidity Comparison - Hyperliquid offers a substantial stablecoin float of $6.3 billion, which is significant given its market cap of $15.7 billion, indicating more liquid capital compared to XRPL [8] - In contrast, XRPL has less liquidity available for traders, as it is primarily designed for financial institutions rather than crypto traders [7][8]

South Korea’s largest crypto exchange Upbit will list FLUID with KRW, BTC, and USDT pairs. Fluid is a lending protocol and decentralized exchange (DEX). Upbit also announced the listing of Infinit (IN) and B3. IN will trade against BTC and USDT, while B3 will trade against USDT. Infinit is an AI-powered DeFi intelligence platform, and B3 is a Layer 3 blockchain built on Ethereum Layer 2 (Base) using the OP Stack.https://t.co/TnxeU3P7Gyhttps://t.co/cNyYtYuIGj ...

The builders… keep building.@FluxBeamDEX is addressing all of the challenges on existing L1sAnd why they are interested in building on Fogo.Higher TPS with low latency is needed.The lack of the infrastructure is leading to a poor experience for users.FluxBeam has been focused on the testnet of Fogo to ensure all scale is possible from 20,000 tps to a TRUE, 1 million TPS5ms transaction time for apps is their goal and what they are seeing on test net today, with 0 latency.They built a BRAND NEW rpc, lantern, ...

Project Overview - FogoFest showcases numerous high-quality projects and builders, indicating a vibrant ecosystem [1] - Valiant is developing a decentralized exchange (DEX) on Fogo, aligning with the trend of DEXs potentially surpassing centralized exchanges (CEXs) [1] - Fogo is building the infrastructure layer for blockchains to operate more efficiently [1] Technology and Performance - Fogo claims to be 10x faster than Solana, suggesting significant performance improvements [2] - Fogo aims to provide less stale prices and better pricing mechanisms [2] - Fogo focuses on MEV (Miner Extractable Value) reduction for better trade execution [2] Product Offerings - Blaze, a token launchpad, is designed for meme tokens and more [2] - The platform offers one-click trading for all traders, simplifying the trading process [2] - A pro mode provides a more detailed DEX-like trading experience [2] - A "troll box" feature offers an untamed, permissionless chat on the DEX [2] Upcoming Events - DoubleZero ecosystem announces the mainnet launch in a couple of weeks [2] - Potential Token Generation Event (TGE) is anticipated soon [2]

RT StandX (@StandX_Official)According to @bnbchain’s #1 DEX PancakeSwap:USDT/DUSD pool has grown 500% in 1 week to become the 3rd largest in TVL globally.This makes us bigger than the top stablecoins, USDC/USDT, in TVL.Stand. https://t.co/AOPUV39d7Y ...

Market Trends - Prop AMMs surpassed 50% of DEX volume on Solana for the first time [1] - Weekly DEX volume on Solana exceeded $132 billion [1] Onchain Flow - Prop AMMs represent a new paradigm in onchain flow [1]

Core Insights - The cryptocurrency token Avantis (AVNT), backed by billionaire investor Peter Thiel, has surged as much as 77% over the past week due to major exchange listings and a high-profile airdrop campaign [1][6] Exchange Listings - The surge in AVNT's price was triggered by simultaneous listings on major exchanges including Binance, Coinbase, Upbit, Bithumb, and Crypto.com, resulting in billions in trading volume [2] - The token has experienced a nearly 400% increase since its launch on September 9 [2] Airdrop Campaign - A $10 million airdrop, representing approximately 12.5% of the total token supply, was fully unlocked, providing early adopters with immediate liquidity [3] - This strategy differentiated Avantis from competitors, as many projects typically lock rewards for extended periods, thus accelerating retail participation and speculative interest shortly after launch [3] Price Movements - AVNT reached an all-time high of $2.66 on September 22 but has since decreased to $2.05 at the time of reporting [4][6] - Analysts noted bearish divergences in the Relative Strength Index and Moving Average Convergence/Divergence, suggesting potential further declines [4]

I've said this many times. Um, in the future, DEX is going to be bigger than uh CEX and we want to invest heavily in those areas. Yeah, we want to invest in the things that will overturn that will disrupt our business.Something very strange is happening in crypto today. The BNB price just hit a new all-time high over $1,000 per coin. >> How are you are you already in the process of doing that.>> Oh, yeah. Yeah, we invested in a mode. >> As founder of Binance CZ says, maybe we haven't hit the real bull marke ...

order processes $101b quarterly volume at $88m market cap. every other perp dex doing those numbers trades above $1b. the 80% staking apr comes from protocol fees not inflation and ends june 30 2025. supply shock meets revenue machine that 50 dexs already depend on for orderbooks ...

In the month of August alone, Hyperliquid's DEX volume beat almost all the first half of the year combined. $22.3BWill this change because of Aster and other competitors going forward???As a Hyperliquid bull, I think the recent developments are net negative in short-term.Likely causes a reshuffling but ends up being bullish long-term for the entire space.Competition is good.I've also heard the Aster UX is trash, but thats a very fixable problem. To me, its a flash in the pan, but I wanna bid a dip because t ...