Hyperliquid Hits $1.57T Annual Volume as HYPE Soars Nearly 950% Since Launch

Key Points

1. Hyperliquid recorded $1.57 trillion in annual perpetual futures volume and $310 million in cumulative revenue, with $56 million generated in the last month alone.

2. The DEX leads on-chain perpetual futures trading with $208 billion in monthly volume, surpassing competitors' combined $140 billion.

3. HYPE token reached an all-time high of $45.57, marking a 946% increase since its November 2024 launch, though it currently trades 12.5% below its peak.

4. Hyperliquid's technical edge includes sub-second finality and processing over 100,000 orders per second, powered by its fully on-chain order book system.

5. The platform's growth accelerated in late 2024, with volume doubling from $75 billion in November to $150 billion in December, coinciding with a $1.2 billion HYPE token airdrop.