#Hyperliquid trading volume surged 15x.#
Hot Topic Overview
Overview
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 total value locked (TVL) increase from $56 million to $2.1 billion, a user base expansion from 31,000 to 300,000, and the launch of 158 perpetual contracts and 128 native spot assets. Hyperliquid's success has transformed it from an obscure perpetual contract DEX into a $15 billion daily trading volume decentralized finance (DeFi) hub.
Ace Hot Topic Analysis
Analysis
Hyperliquid experienced significant growth in 2024, with its trading volume surging 15 times from $1 billion to $15 billion. This was driven by its continued development in the perpetual contract DEX space, establishing itself as a key decentralized finance (DeFi) hub. Beyond the massive volume growth, Hyperliquid's open interest also increased 24 times, from $178 million to $4.3 billion. Total value locked (TVL) also saw a 37-fold increase, rising from $56 million to $2.1 billion. User count also grew 9 times, from 31,000 to 300,000. Hyperliquid further 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 player 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 with $15 billion in daily trading volume.
Hyperliquid user base grew 9 times, from 31,000 to 300,000.
Hyperliquid total value locked (TVL) increased 37 times, from $56 million to $2.1 billion.
Hyperliquid open interest grew 24 times, from $178 million to $4.3 billion.