HYPE Outpaces SOL: Can a Perps DEX Flip Solana's L1 Crown?
The market-cap gap is still ~38x in Solana's favor, but HYPE's perps volume and fee capture have structurally outgrown what a pure L1 should be earning on-chain.
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The market-cap gap is still ~38x in Solana's favor, but HYPE's perps volume and fee capture have structurally outgrown what a pure L1 should be earning on-chain.
The Aladdin endorsement slots Ethena into the operating layer US asset managers already use to move trillions, not just onto their watchlist.
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