Perp DEX

On-chain perpetual and derivatives exchanges — volumes, fees, exploits, and the tokens behind them.

CFTC Relief: the good news can be taken back tomorrow

The catch is in the conditions.

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Hot Storylines

What’s developing right now — ranked by recency, momentum, and importance.

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1
DeFi exploit wave 2026
A relentless wave of DeFi exploits—spanning smart contracts, oracles, bridges, and layer-2 networks—is setting record losses and forcing emergency responses across the crypto ecosystem.
Latest: Blockstream rejects the Liquid attacker's self-awarded fee as a ransom, engages law enforcement, and demands the ~598 BTC back — peg-outs still paused.
27 entriesPerp DEX
2
Hyperliquid perp dominance rise
Hyperliquid is expanding its decentralized perpetuals dominance through record open interest, tokenized equities, institutional integrations, and advancing US regulatory onboarding.
Latest: CNBC flags unusual options activity around Trump's Hyperliquid remarks — a ~$65K purchase of near-dead PURR calls four hours before the name-check, worth ~$176K by the close; the trader is unidentified, and suspicion is an analyst's read, not a finding
16 entriesPerp DEX
3
SKHX Hyperliquid volatility
A large leveraged SKHX position on Hyperliquid is driving extreme price swings and liquidation cascades.
Latest: Trade.xyz says it will reimburse traders liquidated in the SK Hynix perp flash crash — insisting its oracle worked as designed, and calling the payout one-time and discretionary
3 entriesPerp DEX
4
Prediction markets legal battle
Kalshi and Polymarket face mounting legal and regulatory scrutiny as courts and Congress simultaneously wrestle with whether sports event contracts constitute illegal gambling.
Latest: House panel formally weighs federal rules for Kalshi and Polymarket sports bets as Washington state court injunction against Kalshi stands.
2 entriesPerp DEX

Latest Clips

Bringing together the sharpest video moments on trending topics, timestamp-linked and collated — we do the searching so you don’t have to.

5 clips

Altcoin Daily

ICE Buys Into Hyperliquid’s Builder

Perp DEX

Bankless

CFTC Rebuffs CME on Perps

Perp DEX

Anthony Pompliano

Druckenmiller Buys the Hyperliquid Wrapper

Perp DEX

Altcoin Daily

Hyperliquid Adds Prediction Markets

Perp DEX

Coin Bureau

EU flags Hyperliquid in DeFi crackdown

Perp DEX

Editor’s Takes

The engine proposes; I dispose — my signed stance on the stories that matter.

Hot Take Signed

CFTC Relief: the good news can be taken back tomorrow

The catch is in the conditions.

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First Take Signed

HIP-3*: they bolted a lock onto the open door

The detail that matters is one asterisk.

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First Take Signed

Bitnomial: the wrapper is the whole deal

The prize here isn't Hyperliquid getting a green light.

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Perp DEX

CFTC Relief: the good news can be taken back tomorrow

Hot Storylines