Hyperliquid recorded 2.2 billion USD in USDC deposits, 111 million USD in BTC, and 16.8 million USD in ETH on the native DEX, with total deposits peaking in early March but are now recovering. (data from PineAnalytics)
1. Hyperliquid's open interest reached 4 billion USD, up from the beginning of March, accounting for about 18% of Binance.
2. Hyperliquid's native DEX attracts 500–1,000 new wallets daily, with the number of new users increasing recently.
3. Four major lending/borrowing protocols on Hyperliquid EVM:
- @hyperlendx (179 million USD in deposits, 41 million USD borrowed)
- @felixprotocol (182 million USD in deposits, 49 million USD stablecoins issued)
- @HypurrFi (108 million USD in deposits, 49 million USD borrowed)
- @KeikoFinance (8.5 million USD in deposits, 3.4 million USD stablecoins issued).
4. Two main DEXs on Hyperliquid EVM:
- @HyperSwapX (53 million USD TVL, 26 million USD daily trading volume)
- @KittenswapHype (35 million USD TVL, 8.6 million USD daily volume).
5. Three major LST (liquid staking token) in the Hyperliquid ecosystem: Looped_HYPE (26 million USD TVL), ValantisLabs (11.7 million USD TVL), Magpiexyz_io (3.2 million USD TVL).
6. Amount $BTC and $ETH Deposit to Hyperliquid has been steadily increasing since March and is still maintaining a good level
=> Open interest and trading volume of Hyperliquid average about 10% compared to Binance, 15% compared to Bitget and Bybit, with the highest trading volume ever reaching 10.4 billion USD/day but recently dropping below 5 billion USD. With this index, Hyperliquid is ranked among the top 12 derivatives exchanges$BTC largest in the market
- What are your opinions?
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