Home CryptocurrencyHyperlicid captures 35% of blockchain revenue in July Surge

Hyperlicid captures 35% of blockchain revenue in July Surge

by Hammad khalil
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Large -scale adoption and decentralized derivative exchanges, hyperlicid’s use has made a major investment in hyperlicid network revenue in July – at the end of the large -scale sleeping, kas for vanek.

In July, Hyperlicid earned 35% of all blockchain revenue, with Solan’s Special Express -A Monthly Crypto Ricap report in the Etharium and BNB Chen, Vambers Worte, increased the report.

Sigale and fellow analysts Patrick Bush and Nathan Frankovitz said, “Hyperlicid was able to occupy the speed of Solana, and possibly the market capitalization of Solana, as it offers a simple, heavy functional product.”

“Hyperlicid has hunted and maintained high-value users from Solana.”

While Solana strangled with framibility issues and failed to complete the time limit of the core software upgrades, Hyperlicid has captured these weeks by providing a better user experience in derivative trading on these weeks, he said.

“Solana has not made meaningful improvements to promote its user experience, especially in futures (Perps) trading, and Hyperlicid stepped with a better product.”

Hyperlicid earned more than a thunder of all blockchain revenue in July. Source: Venak

Hyperlicid open interest increase

In a newspaper viewed by cointelegraph, our network reported our network, “Hyperlicid is emerging as the head onchain Perps Site.”

In July, the open interest reached $ 15.3 billion and is 369% year-old year, with more than $ 5.1 billion USDC (USDC), it has been included, it has been said.

Phantom Wallet Integration, which provides in-app perps, fired $ 2.66 billion, $ 1.3 million fees and 20,900 new users to hyperlicid in July.

Connected: Crypto reimburses $ 2M traders after hyperlicid API outage

Crypto is always futures derivative contracts that allow traders to speculate on cryptocurrency prices with outout exports.

Hyperlicid cumulative versions and flows. Source: Tibba analytics

Publicity prices were hit all times in July

The native token of the platform has also recently ralled, hitting a high time of $ 49.75 from just $ 10 low in early April on 14 July.

Compartmentally, the native token (Sol) of Solana has lost 44% of the sin, its January all-time high, which was mainly powered by Memcoin French.

At the time of hyp writing, trading below 3% a day at $ 37.38 in broad market retreat.

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