Hyperliquid is a tremendous milestone in DeFi. In the last 24 hours, the decentralized exchange moved nothing less than 29 billion dollars in volume. To give you an idea, that's more than the daily volume of some well-known centralized exchanges.

The most impressive part is that it generated 7.7 million dollars in fees in a single day, which speaks to the quantity and size of the trades that went through there.

This is not a coincidence: Hyperliquid has been gaining traction due to its fast infrastructure and deep liquidity, attracting both retail and institutional traders.

So what we are seeing is a DEX demonstrating that it can compete on equal footing with the big leagues.

It's a clear sign that DeFi is entering another stage.