Data: Hyperliquid's BTC resting depth reaches $3.1 million, surpassing Binance

Odaily News: Blockworks researcher Shaunda Devens posted on platform X, stating that Hyperliquid has achieved the deepest book liquidity in the cryptocurrency field. At a level of ±1 basis point from the mid-price, Hyperliquid's BTC resting depth is $3.1 million, while Binance's is only $2.3 million. The situation is similar for the silver market under HIP-3; at the tightest level, Hyperliquid's depth is $33,000, while Binance's is $24,000. Currently, their quantitative analysts are developing a related dashboard.