According to BlockBeats, on August 5, The Block reported that Hyperliquid set a record for the highest monthly trading volume in July, approaching $320 billion. This figure represents a month-on-month increase of approximately 47% compared to June's $216 billion, and an increase of about 28% compared to May's previous record of $248 billion.
In July, Hyperliquid continued to maintain over 75% market share in the decentralized perpetual contract trading platform (DEX) sector, showing extremely stable performance.
In addition, the Hyperliquid/Binance metric, which measures the proportion of Hyperliquid's perpetual contract trading volume to Binance's perpetual contract trading volume, also reached a new high in July, hitting 11.89%. In comparison, Binance's perpetual contract trading volume in July was approximately $2.59 trillion, representing a month-on-month increase of about 35%.
