Hyperliquid Just Surpassed Binance in Crypto Liquidity?

Hyperliquid has quietly become the world’s most liquid venue for crypto price discovery, surpassing major exchanges including Binance.  Recent data on Bitcoin perpetual contracts (perps) highlights tighter spreads and higher trading volumes on Hyperliquid, suggesting stronger liquidity conditions. Platform developers credit the milestone to the ongoing work of HIP-3 teams, which continue to push liquidity and market efficiency forward. HIP-3 Open Interest Hits Record Levels Driving this liquidity growth is Hyperliquid’s HIP-3 protocol, which has seen open interest (OI) surge to an all-time high of $790 million, up from $260 million just a month ago. https://twitter.com/HyperliquidX/status/2015812710483845519 The growth has

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