The Perp DEX market surpassed $44B in daily volume at its March 2026 peak, with Hyperliquid controlling ~44% of market share. StandX is not competing at that level. And that's intentional. Its positioning is built around a different axis: capital efficiency. With a capital efficiency score of 31.72, StandX already ranked above most competitors in capital utilization. But recently, a key metric shifted — Open Interest surpassing $123M, with growth accelerating rather than linear. This is no lo...