The rise of Hyperliquid has made perpetuals, or perps, a dominant instrument in onchain trading over the past three years. The decentralized exchange (DEX) traded nearly $200 billion of perps in the past 30 days and has an open interest of over $11.5 billion, as of writing. Hyperliquid accounted for 9.3% of the global aggregate […] The post Institutional Approval Workflows Don’t Match Hyperliquid’s Speed appeared first on Fireblocks .