Silver-USDC Perpetual Futures Surpass ETH-USDC Volume on Hyperliquid

In the past 24 hours, trading volume for Silver-USDC perpetual futures exceeded that of ETH-USDC perpetual contracts on the Hyperliquid exchange.

ETH
USDC
HYPE

Summary

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Terms & Concepts
  • Perpetual Futures: A type of futures contract without an expiry date, allowing traders to hold positions indefinitely with funding rate adjustments.
  • USDC: A U.S. dollar-pegged stablecoin used for trading and settlement in cryptocurrency markets.
  • Hyperliquid: A cryptocurrency derivatives exchange offering perpetual futures and other leveraged trading products.