Hyperliquid has marked the tip of 2025 with $844 million in income from buying and selling actions, alongside a complete buying and selling quantity of $2.95 trillion. The decentralized trade has additionally added greater than 600,000 new customers to its buying and selling platform since January this yr.
Hyperliquid, a decentralized crypto trade platform that operates by itself blockchain, has concluded the yr boasting 600k new customers and $844 million in income. The trade recorded inflows value $3.87 billion and achieved a complete buying and selling quantity of $2.95 trillion.
The DEX averaged about $8.34 billion per day and about $347.34 million each hour. All year long, spot buying and selling quantity on the trade reached $116.80 billion, whereas that of HIP-3 buying and selling actions amounted to $11.01 billion.
Hyperliquid’s perps generate $848.33m in buying and selling charges
🚨 HYPERLIQUID ADDS 600K+ USERS IN 2025
In keeping with ASXN Knowledge, Hyperliquid added ~609,700 new customers in 2025, hitting $2.95T in cumulative quantity, $844M in income, $3.87B in internet inflows, and $4.15B TVL. pic.twitter.com/h1UIAdacGR
— Coin Bureau (@coinbureau) December 28, 2025
Knowledge from Hyperscreener, a Hyperliquid knowledge dashboard and analytics platform, exhibits that perpetual contracts generated essentially the most charges, amounting to $848.33 million. Spot charges totaled $40.61 million whereas HLP transactions yielded $19.10 million in charges for the ecosystem. Perpetual contracts nonetheless led the platform’s income streams, bringing $808.54 million, whereas Spot contracts generated $35.25 million in complete income the whole yr.
The trade facilitated 198.9 billion transactions since January, with a day by day common of 561.7 million transactions and 23.4 million transactions each hour. Perpetual contracts represented nearly all of these transactions, accounting for $ 174.3 billion, whereas Spot contracts adopted far behind with solely $ 22.6 billion in transactions. HIP-3 transactions accounted for the least quantity of executed orders, with just one.9 billion transactions.
Knowledge from the analytics platform exhibits that Hyperliquid’s builder ecosystem peaked at 289.8k customers with $46.27 million in income and 187 energetic builders. BasedApp ranked first among the many high builders on Hyperliquid, with a quantity of $35.18 billion and 35.4k customers, adopted by Phantom and PVP.Commerce with volumes of $23.05 billion and $13.27 billion, respectively. Phantom ended the yr with about 81.7k customers whereas PvP.Commerce had 19.5k customers. Bitget claimed the tenth place with a quantity of $2.53 billion and a bit over 10k customers.
The info from Hyperscreener additionally highlighted that the DEX had launched international equities resembling Apple, Nvidia, Amazon, Google, and Tesla by its HIP-3 protocol. Nvidia was essentially the most traded HIP-3 itemizing with $1.73 billion in buying and selling quantity. Tesla and Google adopted with $1.15 billion and $1.04 billion, respectively.
Bitcoin tops the checklist because the most-traded cryptocurrency on Hyperliquid
Bitcoin was the most-traded digital asset on the platform, with a buying and selling quantity of $1.16 trillion. Ethereum and Solana path behind with $824.61 billion and $269.94 billion in buying and selling quantity, respectively.
In keeping with knowledge from CoinMarketCap, Hyperliquid’s native cryptocurrency, HYPE, is at present buying and selling at $25.86. The digital asset is up by 7.64% within the final seven days and ranks 14th on CoinMarketCap’s checklist of the biggest cryptocurrencies by market cap.
The information comes after the DEX denied claims of insider buying and selling on December 22 and urged that open quick positions on HYPE originated from a former worker. The DEX additionally claimed that crew members and present staff are banned from buying and selling the DEX’s native token.
Cryptopolitan reported that the alleged insider place was valued at $25,140 and concerned the quick sale of 1,000 HYPE shares. The report emphasised that the place was too small to have a major impression available on the market by introducing extra volatility. The report additionally highlighted that the insider owns 2.5 million HYPE within the spot market and has persistently held regardless of HYPE’s poor efficiency and the general crypto meltdown.

