Is Hyperliquid the best bet in DeFi despite losing market share? This episode dives into a new analysis arguing that Hyperliquid's strong revenue, loyal users, and innovative expansions like HyperEVM and the USDH stablecoin, backed by BlackRock and Superstate, position it for continued success in the competitive decentralized perpetual futures market. Discover why open interest, not just trading volume, is the key metric and how Hyperliquid's HIP-three initiative could drive further growth, plus the risks that could derail this bullish outlook.
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