⚡️ RESEARCH: Hyperliquid still leads perp DEXs, but dominance is fading. Its market share dropped from 70%+ to just over 30%, while newcomers like Lighter and Aster are rapidly catching up as users rotate for better fees, incentives and trading speed. Is this fragmentation a sign of healthy competition, or the start of a liquidity war in onchain futures?(Cointelegraph)