#Hyperliquid trading volume surged 15x.#
Hot Topic Overview
Overview
Hyperliquid experienced significant growth in 2024, with trading volume increasing 15-fold from $1 billion to $15 billion. Other key metrics also saw substantial growth, including a 24-fold increase in open positions, a 37-fold increase in total locked value, and a 9-fold 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 Hyperliquid's transformation 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 fueled by its success as a perpetual contract DEX and has established it as a key hub in decentralized finance (DeFi). Beyond the massive volume growth, other key metrics for Hyperliquid also saw significant increases, including a 24-fold increase in open positions, a 37-fold increase in total value locked (TVL), and a 9-fold increase in user count. Simultaneously, Hyperliquid 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 Hyperliquid's immense success in 2024, solidifying its position as a major force in the DeFi landscape.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Hyperliquid trading volume surged 15 times, from $1 billion to $15 billion, becoming a DeFi hub
Hyperliquid user base grew 9 times, from 31,000 to 300,000
Hyperliquid open interest increased 24 times, from $178 million to $4.3 billion
Hyperliquid total value locked (TVL) grew 37 times, from $56 million to $2.1 billion