2026-01-03 13:20:16

The 2026 crypto liquidity landscape is about to experience a new wave of differentiation, with three major battlegrounds taking shape.

Perpetual contract trading, prediction markets, and Pre-IPO asset trading are vying for market attention and capital flow. Among them, what is particularly noteworthy is that Hyperliquid has maintained its leading position among numerous DEXs, primarily because they were the first to integrate two main arenas within these sectors—both deploying derivatives trading and supporting Pre-IPO token trading for potential projects like SpaceX, Anthropic, OpenAI (such as the hip-3 product), thereby capturing the realm of imagination.

Even more noteworthy is the emerging trend of market integration. Perpetual contract platforms are beginning to incorporate prediction market features. This cross-sector integration signals that a new type of platform—capable of supporting both trading depth and liquidity—is becoming the only choice for attracting professional capital and active traders. This clustering effect means that future competition for liquidity will no longer be a single-dimensional contest; instead, whoever can better meet users' trading needs across different asset classes will hold the market discourse.

HYPE-1,39%

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RugDocScientist

· 01-06 13:09

HL this move is indeed aggressive, directly integrating the three lines. No wonder liquidity is flowing there... However, I feel that latecomers still have a chance, depending on who can catch this wave of Pre-IPO enthusiasm.

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CryptoPunster

· 01-06 10:44

Smiling and going all-in on Hyperliquid, I am now beginning to understand what "one-stop leek harvesting" means.

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BearMarketMonk

· 01-04 06:48

hyperliquid has truly figured it out this time; an integrated ecosystem is the ultimate move.

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GhostInTheChain

· 01-03 13:49

hyperliquid has truly figured it out this time, providing a one-stop solution for perpetuals + pre-IPO needs, while other platforms are still working independently.

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AirdropHunter420

· 01-03 13:43

hyperqliquid has really got this round figured out, blending the three tracks together... it feels like other platforms should be panicking.

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RektCoaster

· 01-03 13:28

Damn, Hyperliquid's move is really ruthless, directly bundling Yonghe + prediction + pre-IPO. But can it really hold up? --- The integration trend is correct, but it still depends on who operates more aggressively. --- So 2026 is the era of hybrid platforms? Then is there still a way out for single-chain derivatives... --- hip-3 definitely caught attention, but can the liquidity keep up? --- I agree with this logic, just worried that in the end only the top players will survive comfortably. --- Wait, if we follow this line of reasoning, doesn't it mean the track will eventually contract? --- Pre-IPO trading is indeed a new blue ocean, but the question is how to solve compliance. --- Competing for discourse power among hybrid platforms, does that mean small and refined DEXs are doomed?

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LonelyAnchorman

· 01-03 13:26

Merge and it's done? I think in the end, it still depends on who has deeper liquidity and more trading pairs. Hyperliquid's combination is indeed powerful, but the pre-IPO risks should also be kept in mind.

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