Hyperliquid, a decentralized exchange (DEX), has surpassed the $1 trillion mark in trading volume, marking a significant milestone in comparison to centralized platforms.
A New Milestone in the DEX Landscape
As of March 2025, Hyperliquid has processed over $1 trillion in trading volume, becoming the first decentralized exchange capable of matching the scale of centralized platforms.
Challenges and Changes
Recent market events highlighted the need for a review of the margining system. The Hyperliquid team conducted an immediate analysis of the scenario, resulting in a network update that includes a new 20% margin ratio requirement for all margin transfers.
The Future of Hyperliquid Network
The network upgrade is set to roll out after 0:00 UTC on March 15, 2025. Users will still be able to trade with the same leverage, up to 40x, although the removal of unrealized PnL on open positions will be affected. New cross margin positions remain unchanged, and new isolated margin trades will only be adjusted if cross margin usage exceeds 5x leverage post-opening.
Thus, Hyperliquid demonstrates a commitment to sustainable growth, taking responsibility for risk management and improving conditions for its users.
