Decentralized

Hyperliquid recently overtook Coinbase in notional perpetual trading volume, marking a watershed moment for decentralized derivatives. This article explains the mechanics that enabled that shift, examines systemic risks through an ETH short probe, and outlines what traders and protocol designers should weigh when moving perp flow on‑chain.

Discover how ADEN is transforming decentralized perpetual exchanges with innovative technology and strategic integration on the Gate Layer Chain. Learn about the impact of this launch and how platforms like Bitlet.app complement this evolution by offering crypto installment services.