Vital factors
- Greater than 609,000 merchants joined Hyperliquid in 2025 as world adoption accelerates.
- The protocol generated roughly $844 million in annual income.
Hyperliquid’s progress trajectory accelerated by way of 2025, and the platform rapidly turned one of the vital energetic venues for decentralized buying and selling.
In response to ASXN Knowledge, the platform recorded spectacular milestones throughout all key metrics, from consumer progress and buying and selling exercise to income and complete quantity locked.
Hyperliquid has grown its footprint amongst each retail and institutional merchants, registering over 609,000 customers in the course of the yr. Along with consumer progress, demand for decentralized derivatives elevated, and the platform recorded web inflows of $3.8 billion.
By way of buying and selling exercise, complete buying and selling quantity elevated to $2.9 trillion. The platform processed roughly $199 billion in executed trades, underscoring robust market participation.
HyperLiquid ended the yr with roughly $4.1 billion locked in complete. The platform generated roughly $844 million in income, rating it as one of the vital worthwhile exchanges in DeFi.

