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Onchain Perps Close Execution Gap With CEXs, Castle Labs Says

Hyperliquid held as much resting liquidity as the median of Binance, Bybit and OKX on four of five crypto assets and cost less to trade, a Castle Labs study of live order books found. The gap that remains sits in how ven...

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Onchain Perps Close Execution Gap With CEXs, Castle Labs Says
Hyperliquid held as much resting liquidity as the median of Binance, Bybit and OKX on four of five crypto assets and cost less to trade, a Castle Labs study of live order books found. The gap that remains sits in how venues price stocks and commodities when the underlying market is closed.... Read the full story at The Defiant

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Hyperliquid is showing up inside the Market Structure theme, so this story is worth tracking for follow-through rather than treating it as a one-off headline.

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