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Hyperliquid Tops Decentralized Perpetual Swaps with $1.39B Daily Volume, 30.8% Market Share

Oct 4, 2024, 05:15 AM

Hyperliquid has emerged as the leading decentralized perpetual swap platform, recording $1.39 billion in daily trading volume on October 3. Over the past three months, Hyperliquid generated a total trading volume of $97 billion, representing 30.8% of the market share among all perpetual decentralized exchanges (DEXs). In the last 24 hours, Hyperliquid processed $3 billion in trading volume, surpassing established exchanges such as HTX, KuCoin, CoinEx, BTSE, Phemex, Deribit, Coinbase, Kraken, and WOO.