#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. Other key metrics also saw substantial growth, including a 24x increase in open positions, a 37x increase in total locked value, and a 9x increase in user count. Hyperliquid also launched 158 perpetual contracts and 128 native spot assets, generating 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 into a major decentralized finance hub.
Ace Hot Topic Analysis
Analysis
Hyperliquid experienced significant growth in 2024, with its trading volume exploding. From an obscure perpetual contract DEX, it evolved into a DeFi hub with $15 billion in daily trading volume. Hyperliquid's 24-hour trading volume increased 15-fold from $1 billion to $15 billion. Open interest also surged 24-fold from $178 million to $4.3 billion. Total value locked (TVL) grew 37-fold from $56 million to $2.1 billion. The number of users increased 9-fold from 31,000 to 300,000. Hyperliquid also launched 158 perpetual contracts and 128 native spot assets, generating over $3.5 million in daily trading fees and spot auction revenue. These figures demonstrate Hyperliquid's tremendous success in 2024, with its rapid growth in trading volume and user base establishing it as a major force in the DeFi space.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Hyperliquid trading volume surged, growing from an obscure perpetual contract DEX to a $15 billion daily trading volume DeFi hub
Hyperliquid's 24-hour trading volume increased 15-fold to $15 billion
Hyperliquid's open interest increased 24-fold to $4.3 billion
Hyperliquid's total value locked (TVL) increased 37-fold to $2.1 billion