When the market is excellent, the on-chain activity is also very high, especially on contract trading platforms.

According to official data from @HyperliquidX, as of July 21, the platform has added 3,056 new users, with a total of 572,868 users, more than 1.16B platform transactions, and a total transaction volume of $15.60B. #$Hype is also performing well, having broken $50.00 in the past few days.

In terms of trading volume and user base, it is almost comparable to the DEXs launched in the previous two cycles. https://t.co/smRbkleGRw