Pinned
While comparing OI makes sense, it’s right to say @hylo_so is NOT competing with perps.
Hylo is targeting one of the fastest-growing forms of leverage in global markets, one that remains inefficient and poorly served.
With a product that’s 100x better than what suits offer.
IMO it will be very difficult for the Solana eco to surpass Hyperliquid’s OI + volume by only launching direct 1:1 competing perp exchanges (eg Phoenix, Bulk, etc.).
The products need to be very differentiated and offer users new forms of onchain trading that don’t exist on HL.
