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HyperLiquid breaks $8 billion daily trading volume pushing HYPE token near all-time highs

CryptoSlateThursday, July 10, 2025 at 3:34:32 PM
HyperLiquid breaks $8 billion daily trading volume pushing HYPE token near all-time highs
HyperLiquid, a decentralized derivatives exchange, is on a hot streak—its native HYPE token is nearing record highs after the platform hit a whopping $8 billion in daily trading volume. The exchange now dominates over 80% of the on-chain perpetual futures market, with daily volumes consistently hitting $2-6 billion. A fresh partnership with Phantom wallet and network upgrades seem to be fueling the momentum.
Editor’s Note: This isn’t just another crypto pump—HyperLiquid’s growth signals a shift in where traders are placing their bets, with decentralized platforms gaining serious traction. If you’re watching the DeFi space, this kind of volume and market share suggests HyperLiquid could be becoming a heavyweight in crypto derivatives, rivaling even centralized exchanges. Worth keeping an eye on.
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