Lighter_xyz Outperforms Hyperliquid in Trading Volume for Seven Consecutive Weeks
According to recent data, decentralized exchange platform Lighter_xyz has maintained higher trading volumes than competitor Hyperliquid for seven weeks in a row.
HYPE
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Terms & Concepts
Decentralized exchange (DEX): A cryptocurrency trading platform operating without a central authority, allowing peer-to-peer transactions via smart contracts (self-executing blockchain code).
Trading volume: The total quantity of an asset traded over a specific period, often used as a measure of market activity and liquidity.