Defi analyst Patrick Scott‘of X Despite the decrease in the market share in his thesis shared from his account, Hyperliquid claimed that he was in the best position in indefinite transactions. Unfinished futures transaction Dex’s share of CEXs compared to CEXs was below 2 percent in 2022, while in September it increased more than 20 percent. In the same process, Hyperliquid’s volume share went down from 45 percent to 8 percent, while the Binance -related aster reached a transaction volume exceeding 270 billion dollars per week. Scott’s thesis is Hyperliquid as Ecosystem Token HypeIt also concerns.
Hyperliquid leader in open position
Unlike the volume and income that measures the activity, Scott said that the open position shows the liquidity and is more adhesive. As of October Hyperliquidindefinitely Dex‘i in the open position market with a share of about 62 percent of the leadership, he said. User loyalty and position depth stands out as the main element that supports the location of the platform despite the short -term fluctuation in the market share.
Open positionSustainable leadership in derivative products provides price discovery and risk transfer uninterruptedly. The analyst noted that the validity of the thesis would weaken if the open position or income declined.
HIP-3 can give power to Hyperliquid ecosystem and Hype Token
At the center of Hyperliquid’s road map HIP-3It brings a high -consistency Hype Token Stake Stake when allowing developers to open new indefinitely futures markets. The model aims to expand the product range, while at the same time it aims to produce demand support on Hype by creating a locking effect on the token’s supply. The dam quality of the entry conditions aims to set up and maintain depth in front of low quality markets.
While evaluating the effect of HIP-3, Scott pointed out the market opening pace, stake demand and the depth of the process as critical thresholds. The Liquidity of USDH listed the strengthening of the liquidity in the next 12 months and the formation of a permanent trend on the income side as complementary elements for the mechanism to work with the expected leverage throughout the ecosystem.
Priced at $ 49,54 with an increase of 1.17 percent in the last 24 hours Hype Token1448 percent in the last 1 year with the rise of the power continues to maintain its power.
