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Hyperliquid reaches 263,419 active perpetual traders, commanding nearly 70% of on-chain perp activity
Crypto Briefing·August 9, 2026·1 min read
Hyperliquid reached 263,419 active perpetual traders, commanding nearly 70% of on-chain perpetual activity. The platform's dominance in decentralized perpetual trading reflects a shift toward decentralized platforms amid regulatory pressures on centralized exchanges. Hyperliquid's growth underscores the rising adoption of on-chain derivatives.
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