China Emerges as a Major Driver of On-Chain Trading Activity on Platforms Like Hyperliquid

China is reportedly emerging as a major source of on-chain trading activity across Asia, according to Andrei Grachev (ag_dwf) of DWF Labs.
Speaking at an industry event, Grachev noted that limited access to traditional international assets is pushing Chinese traders toward decentralized platforms like Hyperliquid, thereby driving significant trading volumes from the region.