Derived from Cryptofrontnews, Hyperliquid has achieved $8.06 billion in 24-hour trading volume and $6.51 billion in open interest, outperforming competitors like Aster, Lighter, and EdgeX. The platform's HIP-3 update introduced synthetic equity markets, allowing users to stake HYPE tokens and earn 50% of transaction fees. A 'growth mode' further reduced taker fees to 0.0045%–0.009%, enhancing liquidity and engagement. Synthetic equity markets, including XYZ100, NVDA, and GOOGL, generated over $500 million in volume on the same day.
Hyperliquid Surpasses $8B Daily Volume, Dominates Perpetual DEX Market
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