What is hyperliquid and why this crypto project could become a major financial market
Hyperliquid is one of the most interesting projects in the cryptocurrency market. Hyperliquid is attempting to build an on-chain financial marketplace where people can trade cryptocurrencies and other traditional financial assets. The long-term investment thesis around Hyperliquid is that financial markets could increasingly move onto blockchains, and Hyperliquid could become one of the platforms that captures that transition.
Hyperliquid initially became popular because of its decentralized perpetual futures exchange. Perpetual futures, commonly known as "perps", allow traders to take leveraged long or short positions without owning the underlying asset and without the contract expiring. They have become one of the most important…