DeFi· ★★★· neutral·

Hyperliquid 24-Hour Perpetual Trading Volume Reaches $1.4B

  • Hyperliquid processed roughly $1.40 billion in perpetual DEX volume on September 21
  • The figure keeps the platform in the top tier of decentralized derivatives venues
  • The reading is a 24-hour snapshot, not a permanent run rate
Why it matters: The volume underscores how derivatives liquidity is increasingly concentrating in a small group of high-liquidity DEX platforms.
Source: Bitcoinist