Hyperliquid Sets New Revenue and Trading Records
Date: 2025-09-02 Author: Oliver Abernathy Categories: BUSINESS
In August 2025, the decentralized exchange Hyperliquid recorded record revenue of $106 million, up 23% from July. Perpetual contracts trading reached almost $400 billion, setting a new monthly high.
Hyperliquid continues to hold a leading position in the decentralized derivatives market, controlling about 70% of the segment among platforms such as Jupiter and Orderly Network. Experts attribute the exchange's growth to its technical architecture: the protocol operates on its own HyperEVM blockchain, which ensures high transaction processing speeds and low fees for users.
Institutional investors are showing increased interest in the platform. For example, 21Shares recently launched a new exchange-traded product on the SIX Swiss stock exchange based on Hyperliquid. However, active trading also attracts speculators: in August, one large investor allegedly manipulated the XPL token on the futures market, which caused sharp price fluctuations and losses for other market participants.
In response to such incidents, the Hyperliquid team has implemented additional security measures. Now, the price deviation from the eight-hour exponential moving average is limited by 10 times, and the protocol has also started using external market data to stabilize quotes. These measures are aimed at increasing security and preventing sharp market fluctuations.
For comparison, in July 2025, the platform already demonstrated a record monthly trading volume of perpetual futures in the amount of $319.4 billion, which indicates a constant growth of interest in its services.
Experts believe that Hyperliquid’s continued success will depend on a combination of technical stability, institutional interest, and effective regulation of trading processes. HyperEVM’s high performance and user protection measures give the platform a competitive advantage among other decentralized exchanges, while integration with traditional financial products such as 21Shares instruments opens up new growth opportunities.
Thus, Hyperliquid continues to strengthen its position in the market, demonstrating not only impressive financial performance, but also resilience to market fluctuations, making the platform attractive to both institutional investors and active traders.
The overall growth of the exchange’s performance confirms its leadership in the decentralized derivatives segment and highlights the effectiveness of its development strategy.
