The $667,900 Burn: Hyperliquid’s Fee-to-Burn Ratio Reveals a Protocol at War with Its Own Centralization
Hook On July 19, 2025, Hyperliquid’s on-chain ledger recorded a single...
perpetual swaps related articles
Hook On July 19, 2025, Hyperliquid’s on-chain ledger recorded a single...
Hook DefiLlama’s dashboard screamed the headline: RWA perpetual swaps hit $10...
Fear
Market Sentiment
92 million ARB released
Team and early investor shares released
Block reward halving event
Raises validator limit and account abstraction
Block reward reduced to 3.125 BTC
Improves data availability sampling efficiency
Independent validator client goes live on mainnet
Circulating supply increases by about 2%
Bitcoin Season