During the recent market volatility, decentralized contract platforms (PerpDEX) showed varied performance. Lighter faced the most severe issues, with users unable to place orders or withdraw funds since last night, resulting in a 10% loss in its LLP treasury. Backpack experienced order delays and position anomalies but has since stabilized. Aster DEX reported no trading issues, while edgeX's treasury yield was only 0.48%, not aligning with market liquidation levels. Both ParaDEX and Extended saw treasury yields exceed 10%. Hyperliquid stood out with stable operations and no delays, achieving a daily profit of over $40 million, with a yield surpassing 10%, far exceeding other platforms combined.
Hyperliquid Outperforms in Volatile Market, Earning Over $40 Million
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