The Hyperliquid Fairy-Tale Was One-Off Hyperliquid’s 70 % market share was a perfect storm: CEX panic, a purpose-built chain, and a VC-free airdrop that minted millionaires overnight. Replicating that confluence is impossible; the window closed the moment the narrative went mainstream. Late-comers are now fighting for scraps, not stealing share from Binance. Aster’s 40× Candle Was Exchange Theatre CZ’s tweet lit the fuse, but the powder was Binance listing juice and market-maker fireworks. Op...

The Hyperliquid Fairy-Tale Was One-Off Hyperliquid’s 70 % market share was a perfect storm: CEX panic, a purpose-built chain, and a VC-free airdrop that minted millionaires overnight. Replicating that confluence is impossible; the window closed the moment the narrative went mainstream. Late-comers are now fighting for scraps, not stealing share from Binance. Aster’s 40× Candle Was Exchange Theatre CZ’s tweet lit the fuse, but the powder was Binance listing juice and market-maker fireworks. Op...

DeriW, a next-generation decentralized perpetual contract exchange (Perp DEX) incubated by CoinW, has rapidly gained traction with core advantages such as "zero fees" and extremely low trading costs (0.01%). It is regarded as a key competitor in the derivatives space following Hyperliquid.Core Mechanism DeriW employs an innovative PendulumAMM liquidity pool model, enabling "instant execution" for trades, improving capital efficiency, and offering high annualized returns for liquidity provider...

DeriW, a next-generation decentralized perpetual contract exchange (Perp DEX) incubated by CoinW, has rapidly gained traction with core advantages such as "zero fees" and extremely low trading costs (0.01%). It is regarded as a key competitor in the derivatives space following Hyperliquid.Core Mechanism DeriW employs an innovative PendulumAMM liquidity pool model, enabling "instant execution" for trades, improving capital efficiency, and offering high annualized returns for liquidity provider...