In July 2025, Hyperliquid’s trading volume hit a historic high, indicating increasing interest in DeFi platforms.
New Hyperliquid Record
In July 2025, Hyperliquid recorded a trading volume of $319 billion, setting a new monthly all-time high among all decentralized trading platforms for perpetual futures.
DeFi Market and CEX Competition
The increase in trading volume on Hyperliquid indicates that decentralized exchanges are starting to capture market share from centralized exchanges. According to VanEck data, Hyperliquid accounts for 35% of all blockchain revenue, signaling significant competition in this sector.
Growing Interest in Hyperliquid
Hyperliquid’s popularity increased after the launch of spot trading in April. The platform attracted over 604,400 users, which is an increase of 116,400 from June. Despite technical outages, the issues were quickly resolved, and users were reimbursed $2 million.
Hyperliquid's achievements in July highlight significant shifts in trader preferences towards decentralized platforms. User interface optimization and high functionality are key factors in this transition.
