Hayes: Wall Street Targets Hyperliquid Perps Crown

Arthur Hayes warned that traditional finance players are preparing to seize Hyperliquid's lead in the perpetuals market, according to Decrypt. The decentralized exchange built its own Layer 1 blockchain to deliver CEX-grade speed with full on-chain security across more than 300 perpetual and spot markets. Over the past year Hyperliquid captured dominant perp DEX market share, yet Hayes notes banks and hedge funds now view the sector as the next battleground for crypto perpetuals volume.