Hyperliquid DEX Outperforms Top Crypto Exchanges
Hyperliquid maintained zero downtime and stable performance under record traffic, outperforming top crypto exchanges like Binance, Coinbase, and Robinhood.
A recent crypto market crash triggered major congestion at centralized exchanges, with order books flooding. However, Hyperliquid, a decentralized exchange (DEX), handled the market volatility with zero downtime.
This performance difference could trigger a faster shift to DEX users, following the biggest crypto market correction since the FTX crash in November 2022.
- 100% Trump tariffs on China led to a crypto market crash, wiping out $670 billion of investors’ wealth in a single day.
- More than 1.6 million traders were liquidated in a flash, with liquidation value soaring to $19 billion.
This was a litmus test for centralized and decentralized exchanges (DEX) alike, where Hyperliquid outperformed top players like Coinbase, Binance, Kraken, etc.
Author's summary: Hyperliquid DEX excels in crypto market volatility.