#Hyperliquid trading volume surged 15x.#
Hot Topic Overview
Overview
Hyperliquid experienced significant growth in 2024, with trading volume surging from $1 billion to $15 billion, a 15x increase. This growth was accompanied by notable improvements in other key metrics, including a 24x increase in open positions, a 37x increase in total value locked (TVL), and a 9x increase in user count. Hyperliquid also launched 158 perpetual contracts and 128 native spot assets, achieving over $3.5 million in daily trading fees and spot auction revenue. These figures demonstrate that Hyperliquid has evolved from an obscure perpetual contract DEX to a $15 billion daily trading volume DeFi hub.
Ace Hot Topic Analysis
Analysis
Hyperliquid experienced significant growth in 2024, with its daily trading volume surging from $1 billion to $15 billion, a 15-fold increase. This growth was driven by several factors, including a 24-fold increase in open interest, from $178 million to $4.3 billion, a 37-fold increase in total value locked (TVL), from $56 million to $2.1 billion, and a 9-fold increase in user base, from 31,000 to 300,000. Hyperliquid also expanded its product and service offerings by launching 158 perpetual contracts and 128 native spot assets. These growth figures demonstrate that Hyperliquid has evolved from an obscure perpetual contract DEX to a major decentralized finance (DeFi) hub, generating over $3.5 million in daily trading fees and spot auction revenue.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Hyperliquid trading volume surged 15 times, growing from an obscure perpetual contract DEX to a DeFi hub with $15 billion in daily trading volume.
Hyperliquid's user base, open positions, and total value locked (TVL) all increased significantly, growing by 9 times, 24 times, and 37 times, respectively.
Hyperliquid has launched 158 perpetual contracts and 128 native spot assets, providing users with a wider range of trading options.
Hyperliquid's daily trading fees and spot auction revenue exceed $3.5 million, demonstrating its strong profitability.