In-depth analysis Perp DEX: Hyperliquid, Aster, Lighter, edgeX (1)

According to Bijie.com, Hyperliquid, as a high-performance Layer-1 public chain, adopts on-chain order book and improved consensus mechanism to achieve sub-second transaction confirmation and 200,000 transactions per second throughput. The monthly transaction volume of its perpetual contract reached US$319 billion, accounting for 65% of the entire chain market, and TVL exceeded US$2.7 billion. The team rejected venture capital, attracted users through airdrops and product advantages, and launched Build Codes to lower development thresholds and promote the development of decentralized financial infrastructure.