Home
News
Details

Hyperliquid (HYPE) Volume Declines as Traders Shift Attention to Lighter

iconCaptainAltcoin
Share
Share IconShare IconShare IconShare IconShare IconShare IconCopy
This is the logo of the coin.
BTC
$88,678.000.57%
This is the logo of the coin.
HYPE
$24.306-1.21%
Hyperliquid (HYPE) trading volume is dropping, with open interest falling back to May 2024 levels. Traders are shifting focus to altcoins to watch, with Lighter gaining traction. Set for a December 29 launch, Lighter offers cheaper execution—$18 per $1 million in BTC volume versus Hyperliquid’s $467. Though costs may be subsidized, early interest is rising, with future token allocations trading OTC. Hyperliquid’s $27 billion valuation now faces scrutiny as volume cools and competition heats up.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.