
HyperLiquid breaks $8 billion daily trading volume pushing HYPE token near all-time highs
Hyperliquid’s native token, HYPE, is approaching its all-time high, fueled by the decentralized derivatives exchange capturing over 80% of the on-chain perpetual futures market. The platform has seen its average daily trading volumes increase to a consistent range of $2-6 billion, a surge that coincides with a new partnership with Phantom wallet and recent network upgrades. Over the past 24 hours, it has surged to $8.4 billion, breaking $1.88 trillion in lifetime volume. However, trading volume still sits well below its all-time high of $18 billion earlier in the year, though averages have remained strong since the 2024 breakout. The…








