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
Block reward halving event
92 million ARB released
Independent validator client goes live on mainnet
Team and early investor shares released
Raises validator limit and account abstraction
Circulating supply increases by about 2%
Improves data availability sampling efficiency
Block reward reduced to 3.125 BTC
Bitcoin Season