JUST IN: Derivatives Mega Issue - PART 1 ?? Read Issue #217: ournetwork.xyz/latest Hyperliquid TVL is growing rapidly.? - From Q3 2024, user base surged from 7k to 85k.? - And deposits skyrocketed from $5.3M to $322M. - HLP amassed over $15M in profit, offering compelling returns. - Hyperliquid is evolving from niche entity to a major contender in the onchain perps market. Drift is showing impressive metrics… - $300M TVL. - $6B 30-day trading volume. - $16B cumulative trading volume. Aevo spiked in popularity and then… - 150k users, $110M+ TVL, $26.4B weekly volume & 60k+ weekly traders.? - Airdrop & farming programs spiked excitement & attracted a large number of users.? - However, the value of the tokens received by most users was relatively low leading to withdrawal requests. Zeta Markets achieves significant milestones… - $3B+ in cumulative volume. - 71k+ monthly users. - Recent volume growth driven by the new Maker Incentives Program & flagship partnerships. - Open Interest on Zeta has soared to a new all time high at over $20M. PT-eETH is now the hottest trade on Contango.? - Popularity driven by features such as yielding ~50% & being usable as collateral on Silo to borrow ETH. - Contango has the lowest & least volatile funding rate in crypto. - Open interest/volume ratio on Contango is higher than other perp DEXs. Get all the deets in your inbox: https://ournetwork.xyz ? Contributors: #hyperliquid | Jack Stewart Founder of Pine Analytics #driftprotocol | Gumshoe Solana Foundation #Aveo | Mo_DeFi #ZetaMarkets | Tombodelsol Zeta #Contango | Mitch Contango
