$CORE
Trending UpSnapshot Window: 2026-07-26 17:10 UTC · ← Back to Crypto Overview
Social Momentum Summary
Total Engagement - Comments: 2, Retweets: 2, Likes: 32, Impressions: 979
Verbatim Community Citations & Social Evidence 1 source posts analyzed
➥ The perp DEX market is becoming more concentrated as the leading platforms strengthen their position. Between 25 June and 25 July, total perp DEX trading volume fell by 36%. Even so, Hyperliquid increased its market share from 56.7% to 62.9%. The headline numbers are:
AI visual note: The image shows a table titled "Perp DEX volume share shift, Jul 1–25 vs Jun 1–25 2026," comparing trading volumes and market shares across perpetual DEXs. It highlights Hyperliquid's dominance with $166.8B in July MTD volume and a 62.9% share (up 6.14 pp from June's 56.7%), while competitors like Aster ($33.3B), ApeX ($26.1B), and Lighter ($19.5B) experienced significant volume declines. The data visually supports the post's claim of market concentration, with Hyperliquid gaining share even as overall perp DEX trading volume dropped 36% month-over-month.