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 triggered major congestion at centralized exchanges, with order books flooding. However, Hyperliquid, a decentralized exchange (DEX), handled the market volatility with zero downtime.
This could trigger a faster shift for DEX users following the biggest crypto market correction since the FTX crash in November 2022.
- The crypto market crashed, wiping out $670 billion of investors’ wealth in a single day.
- More than 1.6 million traders were liquidated in a flash, with liquidation value soaring to $19 billion.
Hyperliquid outperformed top players like Coinbase, Binance, and Kraken, passing a litmus test for centralized and decentralized exchanges alike.
Author's summary: Hyperliquid DEX outperforms top crypto exchanges.