Hyperliquid maintained zero downtime and stable performance under record traffic, outperforming top crypto exchanges like Binance, Coinbase, and Robinhood.
A recent crypto market crash triggered major congestion at centralized exchanges, causing order books to flood. However, Hyperliquid, a decentralized exchange (DEX), handled the market volatility with zero downtime.
This performance difference could accelerate a shift towards DEX users, following the biggest crypto market correction since the FTX crash in November 2022.
The crypto market crash, triggered by 100% Trump tariffs on China, wiped out $670 billion of investors' wealth in a single day, liquidating over 1.6 million traders with a liquidation value of $19 billion.
This was a litmus test for centralized and decentralized exchanges (DEX), where Hyperliquid outperformed top players like Coinbase, Binance, and Kraken.
Author's summary: Hyperliquid DEX excels in crypto market volatility.