perpetual contracts

Hyperliquids Perpetual Share Collapses to 38 as Aster and Lighter Gain Ground

Hyperliquid, once the uncontested leader in the on-chain perpetuals market, is fast ceding ground to emerging platforms such as Lighter and Aster. At one point in May, Hyperliquid accounted for 71% of...

Published Date: September 23, 2025