Hyperliquid has quietly achieved the deepest top-of-book liquidity in the cryptocurrency market, according to data shared by Blockworks researcher Shaunda Devens. The platform's BTC resting depth within a ±1bps range of the mid-price stands at $3.1 million, surpassing Binance's $2.3 million. Additionally, Hyperliquid's HIP-3 silver market depth at the narrowest price is $33,000, also outperforming Binance's $24,000. The company's quantitative analysts are currently developing a related dashboard.
Hyperliquid Achieves Deepest Top-of-Book Liquidity in Crypto Market
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