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Hyperliquid leads the perpetual token market with $14.3B FDV and strong growth. Jupiter, dYdX, and ApeX show solid performance and sustained market momentum. Emerging tokens like APX, WOO, and GMX exhibit promising growth potential. The perpetual trading tokens market now gives you several choices with impressive fully diluted valuations (FDVs), which shows a rising influence within DeFi tokens. For those who need a quick grasp, perpetual contracts essentially let traders hold positions with no time limit and these are what drive many crypto projects. These tokens now draw more interest for their liquidity, fresh ideas, and unique methods. Hyperliquid (HYPE) Among Top Perpetual Trading Tokens Hyperliquid (HYPE) showed a fully diluted valuation of $14.3 billion. The token rose 10.62% in the last 24 hours, traded at $15.17, and recorded a 24-hour volume above $170 million. This jump suggests more interest and stronger adoption, making it a key player among perpetual trading tokens. Jupiter (JUP) and dYdX (DYDX) Push DeFi Tokens Higher Also close by, Jupiter (JUP) held an FDV of $11.1 billion. The token’s price grew 13.23% in the last 24 hours, reached $1.15, and saw trading volume top $293 million. Jupiter’s steady run shows a solid spot in this market. dYdX (DYDX) still stands out, holding an FDV of $1.97 billion. It hit $2.09, up 7.57% in the last 24 hours, and rose steadily. ApeX Protocol and Drift Protocol: Rising Crypto Projects ApeX Protocol (APEX) and Drift Protocol (DRIFT) showed strong moves. ApeX held an FDV of $1.83 billion, and its price rose 11.63% to $1.86 in the last 24 hours. Drift Protocol, at $1.31, jumped 9.21%, pushing its FDV to $1.26 billion. These projects earn more notice for their strong platforms and new methods that shape perpetual contracts. Mid-Tier Contenders Show Fully Diluted Valuations Growth APX Finance (APX)…

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Filed under: News - @ December 12, 2024 6:23 am