#Hyperliquid trading volume surged 15x.#
Hot Topic Overview
Overview
Hyperliquid experienced significant growth in 2024, evolving from an obscure perpetual contract DEX to a DeFi hub with $15 billion in daily trading volume. Its 24-hour trading volume surged 15x to $15 billion, open interest jumped 24x to $4.3 billion, total value locked (TVL) increased 37x to $2.1 billion, and user count grew 9x 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.
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 fueled by its success as a perpetual contract DEX and its evolution into a decentralized finance hub. Hyperliquid's open interest also saw a dramatic rise, increasing from $178 million to $4.3 billion, a 24-fold growth. Additionally, its total value locked (TVL) surged from $56 million to $2.1 billion, a 37-fold increase, while its user base expanded from 31,000 to 300,000, a 9-fold growth. Hyperliquid also launched 158 perpetual contracts and 128 native spot assets, achieving daily trading fees and spot auction revenue exceeding $3.5 million. These figures demonstrate Hyperliquid's remarkable success in 2024, further solidifying its leading position in the DeFi space.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Hyperliquid has grown from an obscure perpetual contract DEX to a $15 billion daily trading volume DeFi hub.
Hyperliquid's 24-hour trading volume has increased 15 times to $15 billion.
Hyperliquid's open interest has increased 24 times to $4.3 billion.
Hyperliquid's total value locked (TVL) has increased 37 times to $2.1 billion.