Hyperliquid monthly active addresses hit all-time high of ~291,900
- —Monthly active perpetual traders reached ~291,900, a new record
- —Up 13% from June's previous record of 258,123
- —Total monthly active addresses, including all users, stand at 470,000–480,000
- —Growth drivers: HIP-3 markets for oil and equities, plus HYPE buybacks
Why it matters: The record activity cements Hyperliquid's lead among perp DEXs and supports HYPE demand through fee-funded buybacks.
Source: Crypto Briefing