#Hyperliquid trading volume surged 15x.#
Hot Topic Overview
Overview
Hyperliquid experienced significant growth in 2024, with its trading volume surging 15x from $1 billion to $15 billion. Other key metrics also saw substantial increases, including a 24x rise in open positions, a 37x increase in total locked value, and a 9x growth in user base. 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 prominent decentralized finance 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 in the perpetual contract DEX space, establishing it as a major DeFi hub. Hyperliquid's open interest also saw a dramatic increase, rising from $178 million to $4.3 billion, a 24-fold growth. Total value locked (TVL) increased from $56 million to $2.1 billion, a 37-fold increase. The number of users also grew from 31,000 to 300,000, a 9-fold increase. Hyperliquid further expanded its product and service offerings by launching 158 perpetual contracts and 128 native spot assets. Hyperliquid's daily trading fees and spot auction revenue exceeded $3.5 million, demonstrating the success of its business model. These figures indicate Hyperliquid's tremendous success in 2024, solidifying its position as a key player in the DeFi space.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Hyperliquid trading volume surges, becoming a DeFi hub
Hyperliquid trading volume grows 15x, reaching $15 billion in daily volume
Hyperliquid user count, open positions, and TVL all see significant growth
Hyperliquid launches a plethora of perpetual contracts and native spot assets