#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 value locked (TVL), 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 that Hyperliquid has evolved from an obscure perpetual contract DEX into a major decentralized finance (DeFi) hub.
Ace Hot Topic Analysis
Analysis
Hyperliquid experienced significant growth in 2024, with its trading volume surging 15-fold from $1 billion to $15 billion. This was driven by its rapid expansion in the perpetual contract trading space, transforming from an obscure DEX to a DeFi hub with $15 billion in daily trading volume. Beyond the massive volume growth, Hyperliquid's open interest also increased 24-fold from $178 million to $4.3 billion. Total Value Locked (TVL) grew 37-fold from $56 million to $2.1 billion. The user base also expanded 9-fold from 31,000 to 300,000. Hyperliquid further enriched its product line by launching 158 perpetual contracts and 128 native spot assets. These figures demonstrate Hyperliquid's tremendous success in 2024, further solidifying its leading position in the DeFi space.
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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 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