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Topic: Is Hyperliquid the Future of DeFi Trading? (Read 151 times)

jr. member
Activity: 86
Merit: 1
December 23, 2024, 05:43:04 AM
#17
I share the same sentiments as you regarding $HYPE being the next big thing and from the listing price and trade volume, you can tell. I'm certain most people will take advantage of the poolX event to increase their chances of earning.

Also, unlike most decentralised exchanges, Hyperliquid is more cost effective. Most people are very much interested in this feature when deciding on what Dex to use.

hero member
Activity: 2310
Merit: 832
🌀 Cosmic Casino
December 21, 2024, 05:16:35 PM
#16
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[...]

It's hard to predict if Hyperliquid will become the next big thing in DeFi, as the space is constantly evolving and new platforms are popping up all the time. However, I believe that it has a lot of potential and could certainly make a significant impact in the industry.

I would love to hear from others who have dived into Hyperliquid and get their thoughts on the platform. Let's discuss and share our insights on whether we think Hyperliquid has what it takes to become a major player in DeFi.

I've used a lot of DeFi primitives and protocols over the course of this year and I can tell you for free that HyperLiquid team built something revolutionary and all of it is entirely onchain. HyperLiquid has both spot and futures markets and I think it's the only perps DEX that offers such sophistication. I got liquidated there a few times longing FTM but my experience was good overall.

I believe when their EVM goes live, we'd see a lot more from hyperLiquid even enough I think their current products are good.
jr. member
Activity: 30
Merit: 3
December 21, 2024, 07:27:56 AM
#15
I have also been intrigued by Hyperliquid and its potential in the DeFi space. The lack of gas fees and the on-chain order book are definitely appealing features that set it apart from other platforms. The strong price trend of the HYPE token post-launch is definitely a positive sign and shows potential for growth.

I think the CandyBomb event rewarding early adopters is a smart move to incentivize users to get involved in the ecosystem early on. It's always exciting to see new projects with unique features and strong community support.

It's hard to predict if Hyperliquid will become the next big thing in DeFi, as the space is constantly evolving and new platforms are popping up all the time. However, I believe that it has a lot of potential and could certainly make a significant impact in the industry.

I would love to hear from others who have dived into Hyperliquid and get their thoughts on the platform. Let's discuss and share our insights on whether we think Hyperliquid has what it takes to become a major player in DeFi.
?
Activity: -
Merit: -
December 21, 2024, 05:38:03 AM
#14
I will love to hear your thoughts. Do you see Hyperliquid as the next big thing in DeFi? Let's have a chat!

yeah, for the simple fact that their trading volume is humongous

https://imgvb.com/images/2024/12/19/ca4de706ed509c3a06665f90b7c4beae.png

compare it to its competitor like AEVO, those are nothing compared to hyperliquid, so it's indeed the next big thing in DeFi, the only DEX that could compete with CEX.
the other just falls behind.
OK, thank you for this information, I will make more research and be on the lookout
jr. member
Activity: 43
Merit: 1
December 20, 2024, 11:55:23 PM
#13
Yes exactly for like HYPE/3x max on HyperLiquid you pay like 0.01% EVERY hour while you can 12.5x HYPE on Bybit with 0.01% every 8 hours
I guess this is the only disadvantage of peer to peer funding on hyperliquid, but regardless i've seen plenty of long or short position with big profit so I guess it still works and actually not a concern knowing people are still using hyperliquid perpetual.
also, CEX's funding rate cap usually so high anyway at times, so sometime it can be higher than hyperliquid.

Yeah it's more when you would want to hold positions for longer than a day otherwise you will think about fees twice

Btw HYPE is at 34$ rn (+35% in the last 24 hours) even though Bitcoin is going sideways. You guys miss something big.
hero member
Activity: 3108
Merit: 537
Leading Crypto Sports Betting & Casino Platform
December 20, 2024, 09:05:14 PM
#12
Yes exactly for like HYPE/3x max on HyperLiquid you pay like 0.01% EVERY hour while you can 12.5x HYPE on Bybit with 0.01% every 8 hours
I guess this is the only disadvantage of peer to peer funding on hyperliquid, but regardless i've seen plenty of long or short position with big profit so I guess it still works and actually not a concern knowing people are still using hyperliquid perpetual.
also, CEX's funding rate cap usually so high anyway at times, so sometime it can be higher than hyperliquid.
hero member
Activity: 2310
Merit: 832
🌀 Cosmic Casino
December 20, 2024, 05:54:42 PM
#11
I have been a hyperLiquid user for over a year and although I'm a small time user/player, their products are quite innovative and interesting. For instance, I have used their HLP  vault for several months even though it's not the fastest passive income, I've made some money just deploying stables to the vault. I imagine this product will be useful for the deep pocket guys.

If we want to talk about their perps DEX, it's simply the best and they even have SPOT markets similar to how a CEX have spot and futures. I'm hearing some chatter that options market are all the way to hyperLiquid.
jr. member
Activity: 43
Merit: 1
December 20, 2024, 12:09:49 PM
#10
Yes many portals like coinmarketcap (owned by Binance) don't want to list DEXes like Hyperliquid cause they basically promote their competitors
sr. member
Activity: 1498
Merit: 271
DGbet.fun - Crypto Sportsbook
December 20, 2024, 08:21:34 AM
#9
I'm not aware of what you're saying, but it seems to have a large daily volume, and if so, it's possible that it could be noisy during these bull seasons that we're facing now.
I just don't know why I just heard about it now or maybe it's just not updated on dexes like this.

That means a lot of crypto communities are using what you're saying, in terms of futures funding, and it seems like a lot of investors are also benefiting
from it in my opinion.
jr. member
Activity: 108
Merit: 1
December 20, 2024, 06:46:31 AM
#8
Hello everyone,

Recently, I have been looking into Hyperliquid, and it may turn out to be one of the most exciting platforms in DeFi today. It is based on a custom  Layer 1 blockchain with no gas fees, its on-chain order book for example  boasts unparalleled clarity and swiftness for perpetual trading.

What really caught my eye though, is how the ecosystem's token HYPE maintained a strong price trend even after launching on CEXs. It is still early which makes it feel like the perfect time to dive in, especially with their CandyBomb event rewarding early adopters.

I will love to hear your thoughts. Do you see Hyperliquid as the next big thing in DeFi? Let's have a chat!
Great take on Hyperliquid! The zero-gas model and fully on-chain order book are definitely standout features I can see why it’s gaining traction. $HYPE’s resilience post-CEX launch is impressive too, especially in a market where tokens often struggle to hold value after listing.

The CandyBomb event on bitget is a smart move to reward early adopters and build engagement definitely adds to the appeal. As for it being the next big thing in DeFi, I think it’s got the tools to stand out long-term, but scalability and adoption will tell the real story
jr. member
Activity: 43
Merit: 1
December 20, 2024, 01:47:26 AM
#7
Yes and DEX > CEX

Both have their pros and cons.
It's just a question of what you are searching for most.

exactly, I heard funding rate for perpetual in hyperliquid is so high that's why I haven't made my first trade there, wonder if that statement holds truth.
because if that's true, then that's such a bummer, because finally DEXes have something good coming up.

I've seen plenty of people trading perpetuals on hyperliquid and apparently they seem to be doing fine, just funding rate is my concern.

Yes exactly for like HYPE/3x max on HyperLiquid you pay like 0.01% EVERY hour while you can 12.5x HYPE on Bybit with 0.01% every 8 hours
hero member
Activity: 3108
Merit: 537
Leading Crypto Sports Betting & Casino Platform
December 20, 2024, 01:40:48 AM
#6
Yes and DEX > CEX

Both have their pros and cons.
It's just a question of what you are searching for most.

exactly, I heard funding rate for perpetual in hyperliquid is so high that's why I haven't made my first trade there, wonder if that statement holds truth.
because if that's true, then that's such a bummer, because finally DEXes have something good coming up.

I've seen plenty of people trading perpetuals on hyperliquid and apparently they seem to be doing fine, just funding rate is my concern.
copper member
Activity: 280
Merit: 5
December 19, 2024, 04:27:44 AM
#5
Yes and DEX > CEX

Both have their pros and cons.
It's just a question of what you are searching for most.
jr. member
Activity: 43
Merit: 1
December 18, 2024, 10:51:32 PM
#4
Yes and DEX > CEX
hero member
Activity: 3010
Merit: 538
Leading Crypto Sports Betting & Casino Platform
December 18, 2024, 10:43:23 PM
#3
I will love to hear your thoughts. Do you see Hyperliquid as the next big thing in DeFi? Let's have a chat!

yeah, for the simple fact that their trading volume is humongous



compare it to its competitor like AEVO, those are nothing compared to hyperliquid, so it's indeed the next big thing in DeFi, the only DEX that could compete with CEX.
the other just falls behind.
jr. member
Activity: 43
Merit: 1
December 18, 2024, 03:51:17 PM
#2
Yes, it is. It's a fresh decentralized exchange with no Venture capital money and everything on a freshly built Layer 1 chain.

Funny that nobody knows it yet in crypto but better for us to buy early =)
?
Activity: -
Merit: -
December 18, 2024, 01:07:00 PM
#1
Hello everyone,

Recently, I have been looking into Hyperliquid, and it may turn out to be one of the most exciting platforms in DeFi today. It is based on a custom  Layer 1 blockchain with no gas fees, its on-chain order book for example  boasts unparalleled clarity and swiftness for perpetual trading.

What really caught my eye though, is how the ecosystem's token HYPE maintained a strong price trend even after launching on CEXs. It is still early which makes it feel like the perfect time to dive in, especially with their CandyBomb event rewarding early adopters.

I will love to hear your thoughts. Do you see Hyperliquid as the next big thing in DeFi? Let's have a chat!
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