Hyperliquid News Today: How DeFi's Growth and Bridgewater's New Direction Indicate a Changing Market

Decentralized finance (DeFi) has recently seen a notable surge in activity, with Lighter, Hyperliquid, and

emerging as frontrunners in perpetual decentralized exchange (Perp DEX) trading volumes. , Lighter held its lead over the past week, achieving a seven-day perpetual trading volume of $73.77 billion, outpacing Aster ($72.03 billion) and Hyperliquid ($70.42 billion). This growth pushed Lighter’s daily trading volume above $12 billion, and open interest reaching $16.1 billion as of November 13.

Hyperliquid, ranking second, experienced a minor decrease in trading volume to $7.67 billion but maintained a TVL of $46.56 billion and open interest at $74.2 billion

. Meanwhile, Aster’s trading volume dropped sharply from $11.94 billion on November 11 to $5.7 billion by November 13 , but rebounded with a 40% increase in trading volume by November 14 . EdgeX and Paradex also saw significant movement, with EdgeX’s 24-hour volume at $6.106 billion and Paradex at $849 million .

The

in DeFi is being fueled by technological progress and competitive rewards. Lighter’s impressive throughput of 650,000 transactions per second and minimal fees have , establishing it as a leading Layer-2 solution for 2025. The platform is preparing for a token generation event (TGE), planning to distribute 25–30% of its tokens to the community, regarding its fully diluted valuation.

At the same time, Bridgewater Associates, the hedge fund started by Ray Dalio, made bold changes to its portfolio in Q3 2025, shifting focus to industries such as streaming, telecom, and biotech, while reducing exposure to major tech firms.

, increased Verizon by 860%, and raised its stake in Monster Beverage by 1,447%, among other notable acquisitions. in RDDT shares, further expanding its digital asset portfolio.

Dalio, who left his role as co-Chief Investment Officer in 2022,

, warning that valuations for top AI firms could be inflated. His remarks reflect Bridgewater’s move away from high-growth tech stocks, from Lyft, JPMorgan, and United Airlines. The firm also reduced its positions in “Magnificent 7” stocks like Nvidia and Amazon, indicating a more cautious stance amid economic uncertainties.

DeFi and traditional finance are increasingly intersecting as institutional players such as Bridgewater and GameSquare pursue digital asset strategies.

, launched in July 2025, secured $80 million to invest in Ethereum-based yield strategies, strengthening its financial position and accelerating Web3 expansion. Likewise, of $6.6 million in Q3 2025, fueled by its digital asset treasury and validator activities on the Hyperliquid blockchain.

As DeFi platforms continue to grow and more institutions get involved, the relationship between decentralized trading and traditional investment approaches is set to influence market trends in the near future. Lighter’s upcoming TGE and Bridgewater’s portfolio adjustments underscore the shifting environment, where innovation and economic recalibration play crucial roles.