Hyperliquid DEX Outperforms Top Crypto Exchanges
Hyperliquid maintained zero downtime and stable performance under record traffic, outperforming top crypto exchanges like Binance, Coinbase, and Robinhood.
A recent crypto market crash caused major congestion at centralized exchanges, with order books flooding. However, Hyperliquid, a decentralized exchange (DEX), handled the market volatility with zero downtime.
- Binance and Coinbase experienced congestion due to the market crash.
- Hyperliquid's performance could trigger a faster shift to DEX users.
- The crypto market crash wiped out $670 billion of investors' wealth in a single day.
- Over 1.6 million traders were liquidated, with a liquidation value of $19 billion.
This was a litmus test for centralized and decentralized exchanges (DEX) alike.
Hyperliquid outperformed top players like Coinbase, Binance, and Kraken, demonstrating its stability and performance.
Author's summary: Hyperliquid DEX excels in crypto market crash.