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Hyper liquid Hits $248B Monthly Volume as HYPE Trades Near $35
Hyper liquid reached $248 billion in May perps volume, up 51.5% month-over-month.
Year-over-year growth hit 843%, compared to $26.3 billion last May.
Hyperliquid’s native token HYPE trades at $34.78 after briefly touching $34.94. It has gained 1.77% over the last 24 hours. Market cap rose to $11.61 billion, with circulating supply at 333.92 million tokens. Trading volume surged 59.4% to $159.21 million, lifting the volume-to-market cap ratio to 1.38%.
Despite modest price movement, Hyperliquid’s on-chain futures platform hit a record $248 billion in perpetual volume in May. That marks a 51.5% jump from April’s $187.5 billion and an 843% increase year-on-year. Just 12 months ago, the volume stood at $26.3 billion.
Despite modest price movement, Hyperliquid’s on-chain futures platform hit a record $248 billion in perpetual volume in May. That marks a 51.5% jump from April’s $187.5 billion and an 843% increase year-on-year. Just 12 months ago, the volume stood at $26.3 billion.
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