Institutional investors are ditching range-bound bitcoin and ether for Hyperliquid as the decentralized platform wins over hedge funds with massive liquidity and early access to hot markets, according to Joshua Lim, head of markets at FalconX. Hyperliquid’s HYPE token and derivatives platform have become a major liquidity hub for hedge funds and institutional investors seeking trades beyond bitcoin and ether, according to FalconX. With bitcoin and ether seen as range-bound amid macro uncertaint…
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