Hyperliquid's Trading Volume Surpasses $1.6 Trillion, HYPE Token Gains 1,000%

Hyperliquid has established itself as a dominant force in the decentralized finance (DeFi) space, achieving a cumulative trading volume exceeding $1.6 trillion. This milestone underscores Hyperliquid's leadership in the DeFi market, setting a new benchmark for on-chain performance. The platform's on-chain execution engine delivers speeds comparable to centralized exchanges (CEX), outpacing key competitors in the DeFi landscape.

Hyperliquid's success is attributed to its innovative HyperEVM, an EVM-compatible execution layer launched in February 2025. This layer transformed Hyperliquid from a trading venue into a comprehensive DeFi ecosystem, allowing developers to leverage its native liquidity through Builder Codes. This innovation combines high throughput with composable smart contracts, merging the strengths of both centralized finance (CeFi) and DeFi. Unlike competitors such as dYdX, which relies on off-chain matching, or GMX, which faces delays due to oracle issues, Hyperliquid executes all orders directly on-chain, handling up to 200,000 transactions per second with a latency of just 0.2 seconds. This results in a seamless trading experience with zero wallet confirmation friction, no gas fees, and minimal slippage, rivaling the user experience of major CEXs like Binance and Bybit.

Institutional interest in Hyperliquid is growing, with Nasdaq-listed firms showing significant backing. Lion Group Holdings (LGHL) recently committed $600 million to a crypto treasury, designating HYPE as its primary reserve asset. The CEO of LGHL described Hyperliquid as "foundational to scalable DeFi," and the market responded positively, with LGHL's stock surging 20% following the announcement. Additionally, Eyenovia, another Nasdaq-listed company, partnered with Kinetiq to operate a validator node, staking over 1 million HYPE tokens. The node is hosted by SOC 2-certified Pier Two, indicating increasing institutional trust in Hyperliquid's network security.

Hyperliquid's native token, HYPE, has seen remarkable growth, surging over 1,000% in the past year. As of the latest data, HYPE/USDT is trading around $37.25, showing signs of stabilization after a sharp retracement from its local high of $44.40. The price action is currently compressed between minor support and resistance levels, suggesting a potential setup for the next breakout. The Relative Strength Index (RSI) is around 52, indicating reduced bearish momentum and consolidation. The Moving Average Convergence Divergence (MACD) lines are nearing a bullish crossover, which could act as a short-term buy signal if confirmed. The recent price movement from $38.81 to $44.40 has retraced to key Fibonacci levels, with the current zone between $36.50–$38.50 acting as a critical demand area where buyers may attempt to regain control.