In the past 12 months, the on-chain perpetual contract market has witnessed an impressive trading boom with Hyperliquid's total trading volume exceeding 1.57 trillion USD. The platform not only recorded trading fee revenues of up to 56 million USD last month but also reached a total accumulated revenue of 310 million USD, affirming its leading position in the cryptocurrency perpetual contract sector. In May alone, Hyperliquid's trading volume hit 248 billion USD, and as of now, this figure has reached 208 billion USD, far surpassing many competitors whose total trading volume only amounts to around 140 billion USD. This information indicates Hyperliquid's significant appeal and its expanding influence in the on-chain cryptocurrency market.
On-chain perpetual contract trading volume of Hyperliquid
Hyperliquid recorded a total trading volume of on-chain perpetual contracts reaching 1.57 trillion USD in the past 12 months. This is a record level affirming the strength and superior growth potential of the platform in the complex and fiercely competitive cryptocurrency market today.
In addition to the impressive trading volume figures, the data also shows the stable and sustainable growth of Hyperliquid, especially in recent months, thereby attracting an increasing number of traders to participate in this platform.
Revenue and trading fees of Hyperliquid
In the most recent month, Hyperliquid generated revenue from trading fees amounting to 56 million USD, contributing to raising the total accumulated revenue of this platform to 310 million USD. This proves the effectiveness of the revenue model and the great trust of the cryptocurrency community.
High revenue reflects a large trading volume and abundant liquidity on the platform, helping Hyperliquid maintain its leading position in the on-chain perpetual contract market, while also creating a safe, transparent, and efficient trading experience for users.
Comparing trading volumes between Hyperliquid and competitors
In May, the trading volume of Hyperliquid's perpetual contracts reached 248 billion USD, showing a clear superiority compared to other platforms. As of now in this month, this figure remains at 208 billion USD, significantly higher than the total trading volume of 140 billion USD from other competitors.
This discrepancy reflects Hyperliquid's ability to attract investors and its superior operational efficiency, while also serving as evidence of the platform's strength and reputation in the on-chain cryptocurrency market.
The importance of on-chain perpetual contracts in the cryptocurrency market
On-chain perpetual contracts are increasingly becoming an important tool for investors to optimize trading strategies and manage risks. In particular, platforms with high trading volumes like Hyperliquid are highly valued for their transparency and security by leveraging the advantages of Blockchain technology.
The strong growth trend of on-chain perpetual contracts contributes to strengthening the position of the cryptocurrency market in attracting both professional and individual investors, while also opening up opportunities for developing a diverse range of derivative financial products.
Source: https://tintucbitcoin.com/hyperliquid-giao-dich-15-trieu-ty-usd/
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