Hyperliquid Shatters Records With 20B Volume And 3M Revenue Surge

Hyperliquid has set a new all-time high with a $20B 24-hour volume and $3M in revenue, outpacing major blockchain projects like Solana.

This growth, driven by the listing of TRUMP perpetual contracts, highlights the platform’s strong market presence and potential for further expansion.

Hyperliquid Data Shows Record-Breaking Purchase Activity and Surge in Trading Volume

Data from SpotonChain shows that the Hyperliquid Assistant Fund has topped the market with its highest daily purchase of HYPE tokens.

In one day, the fund acquired over 200,000 HYPE tokens, worth about $4.2 million.

This purchase led to a sharp spike in the 24 hour trading volume coming to $20 billion.

This listing is prompting more market interest, and Hyperliquid’s market share has risen above 60% of total decentralized perpetual volumes.

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To go along with the volume growth, the token had its highest ever revenue day, generating almost $3 million in fees.

The rise in trading volume is also driven by the increasing attraction of meme tokens such as TRUMP and MELANIA after being listed on Hyperliquid.

The Trump family meme coins are still generating a lot of hype and Hyperliquid has the edge as one of the first exchanges to list the coins.

Market activity shows significant growth during the period of December 2024 through January 2025 as volume data increases.

A very sharp spike in volume of HYPE on January 19th, 2025 crossed 200,000 tokens traded.

With demand for meme coins on the rise and Hyperliquid’s market reach continuing to broaden, we may see these records broken in the days to come.

Hyperliquid Revenue Exceeds Solana’s Despite Lower Market Cap, Highlighting Its Undervaluation

Hyperliquid continues to outperform revenue wise vs larger Blockchain projects in the space, including Solana.

In the past 24 hours, Hyperliquid has generated $2.79 millon in revenue, which is more than Solana’s $2.54 million in the same period.

Ethereum, with its larger market cap, earned $4.84 million, but Hyperliquid’s performance remains impressive considering its smaller size.

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Hyperliquid makes revenue at an equivalent rate, even if its market capitalization is considerably smaller than Solana’s.

All of this means that the platform is working and, perhaps, such price is too low and the market doesn’t understand how powerful the platform can be.

Therefore, there is potential for the cryptocurrency to grow rapidly and the market share for the company can continue to increase.

Hyperliquid is ranked 6th in terms of revenue generation, beating out many other big projects like Solana.

However, it’s still not making Tether type of money with $17.65 million in fees. Hyperliquid’s run as a smaller market cap but exceptionally strong performing platform continuing to show exciting growth potential.

HYPE Hits $2 Million in Transactions, Demonstrating Strong Market Activity

Currently, over 100,000 HYPE tokens have been traded and the transaction value exceeds $2 million.

According to recent data, a series of high-volume sales for HYPE tokens were traded, with some sales at as high as $5,741.34 per token. Prices have hovered around $490 a token on other transactions, pointing to strong demand in the market.

HYPE may have been volatile recently, but there’s still good liquidity there. The market for the token is still strong, attracted by this high level of interest in HYPE tokens.

The token has been pulling in increasing amounts of trading and investment interest as transaction volume rises.

It also shows consistent trading activity, a sure sign of future growth potential.

With more transactions happening on a larger scale, HYPE token is becoming more and more important in the crypto space.

With demand for HYPE increasing, the token’s market dynamics feel primed to continue on.