Hyperliquid Surges Past DEX Rivals with $40.7 Billion Trading Volume

Tuesday, Jan 20, 2026 1:56 pm ET1min read
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Hyperliquid has surpassed Aster and Lighter with a trading volume of $40.7 billion last week, driven by demand for leverage and decentralization. The exchange's open interest also leads the competition with $9.57 billion. However, Hyperliquid's token HYPE has dropped 8% due to unstaking events and a broader crypto market correction.

Hyperliquid Surges Past DEX Rivals with $40.7 Billion Trading Volume

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