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Hyperliquid Highlights How Onchain Perpetual Futures Could Challenge Traditional Markets, Pantera Says

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2026-07-09 10:16:44
Pantera Capital said Hyperliquid illustrates how onchain perpetual futures could increasingly compete with traditional market infrastructure.

According to NS3.AI, Pantera said decentralized exchange (DEX) perpetual futures volumes have risen to 14% of centralized exchange perpetual futures volume.

Pantera also pointed to fee generation as a sign of traction. DefiLlama data shows Hyperliquid generated $13.5 million in weekly fees in the past seven days.
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