ME News reports that on June 5 (UTC+8), samples were taken from the top 5 24-hour gainers on Hyperliquid perpetual contracts. MRVL-USDC accounted for $178 million in notional volume, representing 81.8% of the total volume on the list, with leverage heavily concentrated on long positions. BX-USDC exhibited a funding rate of -5.9% alongside its price gain, indicating a divergence between long and short sentiment, while funding rates for the remaining assets were positive. The top five assets are: BB, MRVL, HOOD, BX, BIOTECH. (Source: D Pro)
MRVL leads TradFi gainers with $178M in trading volume on Hyperliquid
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Summary
MRVL surged as the top TradFi gainer on June 5 (UTC+8), with MRVL-USDC trading volume reaching $178 million on Hyperliquid. On-chain data shows it accounted for 81.8% of the platform’s total volume. Long positions dominated leverage, while BX-USDC’s -5.9% funding rate underscored a long-short divergence. The top five assets were BB, MRVL, HOOD, BX, and BIOTECH. (Source: D Pro)
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