CoinGlass Report: Hyperliquid's Growth Rate and Speed Are Unprecedented

Hyperliquid's transaction volume has the highest month-on-month and quarter-on-quarter growth rate in the DEX industry. Core indicators such as active users, TVL (Total Value Locked), and protocol revenue also significantly exceed those of traditional DEXs. In the past year, Hyperliquid has achieved explosive growth from a daily average transaction volume of less than $100 million to as high as $3.0-5.0 billion. Its growth rate and speed are unprecedented in the DEX field, and Hyperliquid currently occupies more than 80% of the DeFi perpetual contract market. [CoinGlass]