Data: Hyperliquid BTC resting depth reaches 3.1 million USD, surpassing Binance

Blockworks researcher Shaunda Devens posted on the X platform that Hyperliquid has achieved the deepest on-book liquidity in the cryptocurrency space. At a level within ±1 basis point of the mid-price, Hyperliquid's BTC resting depth is $3.1 million, while Binance is only $2.3 million.

The silver market situation for HIP-3 is similar, with Hyperliquid's depth at the tightest level being $33,000, while Binance is at $24,000. Currently, their quantitative analysts are developing related dashboards.