Hyperliquid, a decentralized finance (DeFi) platform, has reported a record trading volume of $1.6 trillion, highlighting its leading market position.
Record Trading Activity
In May 2025, Hyperliquid recorded a trading volume of $248 billion, placing the platform among the top participants in the digital asset sector. A key factor in this success has been its unique on-chain execution engine, which can handle up to 200,000 transactions per second with minimal latency.
HYPE Token and Market Dynamics
The price of the HYPE token fluctuated around $37.25 following a correction from its all-time high of $44.40. Technical data points to a potential recovery in price, with the RSI at 52 and the MACD showing bullish crossover signals.
Institutional Support and New Technologies
A recent move by Nasdaq-listed Lion Group Holdings, disclosing a $600 million crypto treasury initiative, identified HYPE as its primary digital reserve. Eyenovia, another Nasdaq-listed firm, also showed support by staking over one million HYPE tokens through a node. In February 2025, Hyperliquid launched HyperEVM, a new execution layer that expands the platform's capabilities in the DeFi ecosystem.
Hyperliquid continues to strengthen its market position in decentralized finance through high-performance capabilities, institutional backing, and innovative technologies, attracting interest from both traders and institutional investors.
