Hyperliquid DEX Outperforms Top Crypto Exchanges
Hyperliquid maintained zero downtime and stable performance under record traffic, outperforming top crypto exchanges such as Binance, Coinbase, and Robinhood.
Today's crypto market crash caused major congestion at centralized exchanges like Binance and Coinbase, with order books flooding. However, Hyperliquid, a decentralized exchange (DEX), handled the market volatility with zero downtime.
- Over 1.6 million traders were liquidated in a flash.
- Liquidation value soared to $19 billion.
- The crypto market crashed, wiping out $670 billion of investors' wealth in a single day.
Hyperliquid stood out by swiftly handling the market volatility with zero downtime.
This performance could trigger a faster shift for DEX users following the biggest crypto market correction since the FTX crash in November 2022.
Author's summary: Hyperliquid DEX outperforms top crypto exchanges.