According to Jinse Finance, in July, Hyperliquid's global trading volume reached a record high of nearly $320 billion, a rise of about 47% compared to $216 billion in June, and an increase of approximately 28% compared to the historical monthly record of $248 billion set in May. Throughout July, Hyperliquid maintained over 75% market share in the Perptual Futures DEX sector.


Additionally, the Hyperliquid/Binance ratio (which measures the volume of perptual futures traded on Hyperliquid relative to the volume on Binance) reached a new high of 11.89% in July. For reference, Binance's perptual futures trading volume in July was approximately $2.59 trillion, with a month-on-month rise of about 35%.
On the other hand, the volume of the decentralized exchange Drift for Perptual Futures on the Solana blockchain rose by 336%, with July's volume exceeding $14.8 billion.
HYPE-6.21%
SOL-5.46%
DRIFT-4.34%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)