AFX Enters the Perpetual DEX Market, Challenging Hyperliquid's Dominance
AFX has launched a perpetual decentralized exchange (perp DEX) to compete in an increasingly active market dominated by Hyperliquid. With $21.9 billion in perp DEX volume recorded over 24 hours and open interest at around $15.5 billion, the sector remains competitive despite Hyperliquid's leading position with $250.5 billion in 30-day trading volume.
Topics: blockchain infrastructure DeFi perpetual futures trading platforms