Hyperliquid officially announced significant growth in 2025, with a 24-hour trading volume reaching $32 billion (an 113% increase from $15 billion in 2024), open interest reaching $16 billion (a 300% increase), total value locked (TVL) reaching $6 billion (a 200% increase), 24-hour protocol revenue reaching $20 million (a 471% increase), and the user base growing to 1.4 million (a 367% increase). Over the past year, Hyperliquid launched several key features, including HyperEVM, permissionless validator sets, Hypurr NFTs, USDH governance, and a preview of portfolio collateral.
Hyperliquid Reports 367% User Growth in 2025, Reaching 1.4 Million Users
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Summary
Hyperliquid reported 367% user growth in 2025, reaching 1.4 million users. Ecosystem growth is evident with 24-hour trading volume hitting $32 billion, up 113% from 2024. Open interest rose 300% to $16 billion, TVL reached $6 billion (up 200%), and protocol revenue hit $20 million (up 471%). Key protocol updates include HyperEVM, permissionless validator sets, Hypurr NFTs, USDH governance, and portfolio margin preview.
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