Solana vs Hyperliquid: We Placed the Same Trade on 6 Perps Venues and Here's What Happened!
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Author: Jack DunhamPublished:
Crypto Twitter has been at war for over a week. Solana Foundation is backing Phoenix. Hyperliquid community are triggered. The Solana community is split.
So we did the only sensible thing, placed the same trade on every major Solana perps venue to see what the fuss is actually about. Same position. Same size. 6 very different results.
Flash ⚡
Phoenix 🔥
Jupiter 🌙
GMTrade 📊
Pacifica 🌊
BULK ⚙️
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Timestamps
0:00 - The Solana Perps War Explained
01:38 - Why Open Interest Is the Only Stat That Matters
02:54 - Flash Trade Walkthrough
04:03 - Phoenix Trade Walkthrough
06:00 - Jupiter Perps Walkthrough
07:21 - GMTrade Walkthrough
08:35 - Pacifica Walkthrough
11:30 - BULK Trade Walkthrough (Testnet)
13:04 - What's Next for Solana Perps?
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