Hyperliquid is a decentralized exchange (DEX) built on its own Layer-1 blockchain, offering high-speed, order-book-based perpetual futures trading with up to 50x leverage. It enables low-latency, gas-free transactions for professional traders seeking on-chain liquidity and transparency. Benefits primarily target active crypto traders, quant funds, and DeFi enthusiasts who require efficient, non-custodial derivatives without intermediaries.
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