Hyperliquid (HYPE) Among Top Perpetual Trading Tokens

The perpetual trading tokens market now gives you several choices with impressive fully diluted valuations (FDVs), which shows a rising influence within DeFi tokens.

The perpetual trading tokens market now offers several choices with impressive fully diluted valuations (FDVs), showcasing a rising influence within DeFi tokens.

For those who need a quick grasp, perpetual contracts essentially let traders hold positions with no time limit and these are what drive many crypto projects. These tokens now draw more interest for their liquidity, fresh ideas, and unique methods.

Top 10 Perpetual Tokens by Fully Diluted Valuation

Hyperliquid (HYPE) Among Top Perpetual Trading Tokens

Hyperliquid (HYPE) showed a fully diluted valuation of $14.3 billion. The token rose 10.62% in the last 24 hours, traded at $15.17, and recorded a 24-hour volume above $170 million. This jump suggests more interest and stronger adoption, making it a key player among perpetual trading tokens.

Jupiter (JUP) and dYdX (DYDX) Push DeFi Tokens Higher

Also close by, Jupiter (JUP) held an FDV of $11.1 billion. The token’s price grew 13.23% in the last 24 hours, reached $1.15, and saw trading volume top $293 million. Jupiter’s steady run shows a solid spot in this market.

dYdX (DYDX) still stands out, holding an FDV of $1.97 billion. It hit $2.09, up 7.57% in the last 24 hours, and rose steadily.

ApeX Protocol and Drift Protocol: Rising Crypto Projects

ApeX Protocol (APEX) and Drift Protocol (DRIFT) showed strong moves. ApeX held an FDV of $1.83 billion, and its price rose 11.63% to $1.86 in the last 24 hours.

Drift Protocol, at $1.31, jumped 9.21%, pushing its FDV to $1.26 billion. These projects earn more notice for their strong platforms and new methods that shape perpetual contracts.

Mid-Tier Contenders Show Fully Diluted Valuations Growth

APX Finance (APX) and WOO Network (WOO) stand as other notable names among perpetual tokens. APX, with an FDV of $1.17 billion, rose 9.54% and reached $0.12. Its trading volume hit $4.1 million.

Also, WOO Network, valued at $845 million, saw a 9.93% gain and raised its price to $0.30. Its 24-hour volume reached about $40 million.

Smaller Names Add Liquidity in Perpetual Markets: SynFutures, GMX, Aevo

The article presents the latest updates on the perpetual trading tokens market, highlighting the tokens with the highest fully diluted valuations (FDVs). These tokens have gained significant attention in recent times due to their unique features and strong performance in the decentralized finance (DeFi) space.

The list of tokens includes Hyperliquid (HYPE), Jupiter (JUP), dYdX (DYDX), ApeX Protocol (APEX), Drift Protocol (DRIFT), APX Finance (APX), WOO Network (WOO), SynFutures (F), GMX (GMX), and Aevo (AEVO). Each token's FDV, price changes, and trading volumes are also provided for a better understanding of their market presence.

It is important to note that the information provided in this article is for informational and educational purposes only and does not constitute financial advice or an endorsement of any particular product, service, or company. Readers are advised to exercise caution before taking any action related to the company or its products and to consult with a qualified financial professional for personalized advice.

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