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TRX Castle Labs study finds onchain perps close execution gap with CEXs
A Castle Labs study of live order books found that Hyperliquid held as much resting liquidity as the median of Binance, Bybit and OKX on four of five crypto assets and cost less to trade. The remaining gap concerns how venues price stocks and commodities when the underlying market is closed.
Why “Unverified”
- Reported by The Defiant alone, with no second source or primary confirmation yet
1 independent source groups across 1 posts · evidence score 52/100. How labels work
What the sources claim
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Hyperliquid held as much resting liquidity as the median of Binance, Bybit and OKX on four of five crypto assets and cost less to trade, per a Castle Labs study of live order books.
“Hyperliquid held as much resting liquidity as the median of Binance, Bybit and OKX on four of five crypto assets and cost less to trade”
The Defiant -
The remaining execution gap between onchain perps and CEXs sits in how venues price stocks and commodities when the underlying market is closed.
“The gap that remains sits in how venues price stocks and commodities when the underlying market is closed.”
The Defiant
Sources
Summary and claims extracted by deepseek/deepseek-flash with prompt analyze-story@3 on 2026-10-01 17:20 UTC. Labels are computed from the sources, not by the model.