Blockworks researcher Shaunda Devens reports that Hyperliquid now holds the deepest top-of-book liquidity in the cryptocurrency market. At just ±1 basis point from the mid-price, Hyperliquid has $3.1 million in resting Bitcoin depth. This surpasses Binance's resting BTC liquidity of $2.3 million, marking a notable shift in liquidity dynamics.
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Hyperliquid Surpasses Binance With Highest Top-of-Book BTC Liquidity
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