最新报道:Hyperliquid is a decentralized exchange (DEX) built on its own Layer 1 blockchain, offering perpetual futures trading with up to 50x leverage. The platform uses an order book model instead of automated market makers (AMMs) for better price execution. Its native token, HYPE, serves governance and fee discount purposes, with a current price of $1.23. The exchange processed $1.5B in volume last month, competing with dYdX. Analysts debate HYPE's 2025 potential, citing its niche market focus versus growing institutional interest in decentralized derivatives.