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The Hyperliquid, the largest decentralized perpetuals exchange by volume, is share of global perpetual futures volume jumped in June.

Hyperliquid's share of monthly perps against global exchanges, including centralized exchanges, jumped to an all-time high of 7.5% in June from 6.6% in May, on track to be the largest monthly increase in data that goes back to June 2025, according to The Block data.

The share against Binance specifically reached a record 14.4% in May, per The Block's data on the two venues.